Vehicle Deductions for Uber, Lyft, and Self-Employed Drivers

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Deduction Considerations for Self-Employed Workers

With the rise of ridesharing services such as Uber and Lyft, there’s been a marked increase in the number of employees who are considered “self-employed” by the IRS. Being self-employed, whether through a rideshare company or through any enterprise that allows you to work as an independent contractor means that you’re responsible for tracking your business-related expenses for IRS review.

August 5, 2017

Understanding Mileage Deductions for Tax-Free Reimbursements

Mileage deductions are essential for receiving tax-free reimbursements on qualifying travel and transportation expenses. But which travel expenses are deductible? And what rates should you use when reporting to the IRS? Click here to find out.

June 29, 2017

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