While rideshare and delivery drivers can earn decent money, they face challenges such as fluctuating demand, wear and tear on their vehicles, and expenses - like gas and maintenance. Rideshare and delivery drivers must also navigate through ever-changing industry regulations, confusing tax write-offs, and managing their finances to ensure a successful and profitable experience.
FINANCES
Hit the road. Make Money.
Recent Blogs
Top 5 Rideshare Tax Write-Offs
There are a lot of potential rideshare tax write-offs. And depending on which tax write-off method you choose, you could be leaving a lot of money on the table during tax season. So here is list of the most overlooked rideshare tax write-offs.
Maximizing Your Vehicle’s Longevity
Optimizing your vehicle’s longevity is essential for rideshare drivers. By adopting these tips, you’ll not only minimize repair costs but also provide an exceptional driving experience, ensuring your success in the rideshare industry.
Rideshare & Delivery Tax Deductions
As a rideshare and delivery driver, you spend a lot of time and money on the road. And have you ever wondered what tax deductions are allowed and what expense method is right for you?
Understanding Rideshare Vehicles as Depreciating Assets
Understanding rideshare vehicles as depreciating assets is crucial for drivers. It's essential for effective financial management. Treating your rideshare venture as a legitimate business means factoring in vehicle depreciation, which impacts profitability and tax deductions.
The Best Rideshare Vehicle is the One You Currently Have
Wondering about the best vehicle for driving rideshare with Uber or Lyft? The answer is simple: stick with your current car! Keeping your existing vehicle means no additional expenses or stress from car payments.
How Gig Workers Manage Income Instability
Gig workers manage income instability by employing a variety of strategies that enhance financial resilience and flexibility.
Recent Videos
This Insurance Trick Could Save You From Total Financial Disaster
Are you risking your entire paycheck by driving uninsured? In this must-watch video, Chuck Driver explains the difference between two crucial types of auto insurance coverage every Uber, Lyft, and delivery driver should understand: rideshare endorsements and gap insurance.
Rideshare & Delivery Taxes Explained | Gig Write-Offs & 2022 Mileage Rate | Uber Lyft DoorDash Flex
Taxes can be scary and confusing. And this video will help answer your questions and help explain what tax write offs are allowed for all rideshare & delivery drivers. It also explains the difference between Actual Expenses & Standard Mileage Rate methods.
Top 5 Tax Write-Offs All Rideshare Drivers Use | Uber Lyft DoorDash Uber Eats | 2022 Tax Season
Taxes can be scary and confusing. And this video will help answer your questions and help explain what tax write offs are allowed for all rideshare & delivery drivers. It also explains the difference between Actual Expenses & Standard Mileage Rate methods.