What gig workers and employees who get tips need to know about the new no-tax-on-tips tax break [Yahoo! Finance]
Lyft, Inc. - Class A (LYFT)
Last lyft, inc. - class a earnings: 2/11 04:05 pm
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Source: Yahoo! Finance
About 1 in 10 American workers are earning a living as a gig worker . That means they find their customers through Lyft, DoorDash, TaskRabbit and other digital platforms, or do another form of what the IRS and others call “ on-demand work .” As a certified public accountant, attorney and tax professor , I study how new tax rules affect businesses and individuals, as well as the complexities that narrowly tailored tax breaks that apply to only certain groups of taxpayers bring about. The big tax reform package that President Donald Trump signed into law in July 2025 included two changes that affect many gig workers. One is a new tax break on money that workers earn through tips , whether they are self-employed or work as an employee. The other is a change to the rules guiding the information that gig workers and the IRS must receive about how much workers earn from platforms like Uber. Maximum deduction is $25,000 Trump promised a new tax deduction for tips during his 2024 pre
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LYFT
News
- Judge denies ICE release for key witness in Louisville carjacking case [USA TODAY]USA TODAY
- Readers dared us to take public transit to LAX, so we tested two routes: Our verdict [Los Angeles Times (CA)]Los Angeles Times
- Will Sexual-Assault Safety Lawsuits and MDL Scrutiny Change Lyft's (LYFT) Passenger-First Narrative? [Yahoo! Finance]Yahoo! Finance
- Proposed N.J. bill would reduce insurance requirements for ride-share drivers [CBS News]CBS News
- Proposed N.J. bill would reduce insurance requirements for ride-share drivers [CBS News]CBS News
LYFT
Earnings
- 2/10/26 - Beat
LYFT
Sec Filings
- 3/31/26 - Form PRE
- 3/27/26 - Form SCHEDULE
- 3/3/26 - Form 4
- LYFT's page on the SEC website