DoorDash taxes work differently from a regular job. DoorDash doesn’t withhold anything from your pay, so you handle your own taxes as a self-employed contractor. In practice, that means three things: you set money aside from every payout, you send the IRS quarterly payments, and you deduct your business costs. The good news is that … Read more
Tax deductions for Uber drivers can cut your taxable profit by more than half. Mileage is the big one, but app fees, your phone, tolls and supplies count too. Lyft drivers follow exactly the same rules. In other words, everything on this page applies to both apps. As a rideshare driver, you are self-employed, not … Read more
Standard mileage vs actual expenses is the choice of how you deduct a car you use for work. In fact, it’s one of the biggest freelancer tax deductions for anyone who drives for business. So the right pick can be worth thousands of dollars a year. Also, parking and tolls for business trips are deductible … Read more