Specialized Accounting Services for the Uber & Lyft Drivers

The first thing you need to understand when filing your rideshare taxes is that Uber partners and Lyft drivers are considered self-employed (independent contractors). This means the companies do not withhold any taxes from the money they pay you.

For self-employed rideshare drivers, tax time can be incredibly stressful. Understanding your revenue, expenses, and tax forms, drivers have a lot of information to track and wrangle before doing their taxes or handing them off to a tax preparer.

Accounting Services for Uber & Lyft Drivers

As your financial partner, we help you minimize your tax liability by taking advantage of tax credits and deductions, enhance your profits, and improve your cash flow. We also help you plan for the future

Here’s what else we do for you:

• Quickbooks Online Setup and Training
• Tax planning strategies
• Tax credits and deductions
• Tax Return Preparation

Common deductions you could be taking:

• Track your mileage - We can help you setup an app to track your mileage
• Actual Auto expenses - Sometimes actual expenses are higher than mileage standard deduction
• Tolls & Parking
• Licenses
• Portion of your cell phone bill
• Snacks, water and other goodies specifically for your riders (sorry, you cannot deduct what you consume)
• Processing Fees
• Roadside assistance
• Car Washes
• Professional Fees

Reduce your Tax Liability while Saving Time

If you would like more information about our accounting or tax services for Uber and Lyft drivers, please contact us using the form below. You’ll be glad you did!