As you may have already heard the city of San Francisco has now required Uber and Lyft drivers to obtain a business license to operate in the city. This is a brand new development and many cities may follow their lead. The deadline to apply for the business license is 30 days after the letter has been sent to your residence so be on the lookout for a letter from the city. The estimated cost is $91 for drivers making less than $100K a year. To make life easier on our fellow rideshare drivers so we’ve laid out all the necessary steps for you to obtain a business license:
Are you a rideshare driver for Uber or Lyft looking for what expenses and mileage you can deduct on your taxes? Our friend Joe Starzyk from Starzyk CPA, LLC has prepared a fantastic guide for Rideshare Drivers (Uber, Lyft, Doordash, Etc). The Ultimate Guide to Tax Deductions for Rideshare Drivers
Guide for Rideshare Drivers
All information here is intended to be used only as a guide. Your situation may be different. As always, you should speak with your tax professional for advice.
If you are in the business of rideshare driving, there are several deductions available to help offset your income. I developed this guide to help drivers understand many of the tax deductions they may be entitled to. By no means is this list all-inclusive. Also keep in mind, some items listed here may not apply to all drivers