Comments on: Uber, the Gig Economy and the Independent Contractor https://themusingsofthebigredcar.com/uber-the-gig-economy-and-the-independent-contractor/?utm_source=rss&utm_medium=rss&utm_campaign=uber-the-gig-economy-and-the-independent-contractor 53 years and 204,000 miles of business, CEO, leadership, startup, political, military wisdom Wed, 29 Jul 2015 22:44:00 +0000 hourly 1 https://wordpress.org/?v=5.9.11 By: JLM https://themusingsofthebigredcar.com/uber-the-gig-economy-and-the-independent-contractor/#comment-2061 Wed, 29 Jul 2015 22:44:00 +0000 http://themusingsofthebigredcar.com/?p=4263#comment-2061 In reply to Grover Outland.

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Thx Grover.

BRC
http://www.themusingsofthebigredcar.com

]]> By: JLM https://themusingsofthebigredcar.com/uber-the-gig-economy-and-the-independent-contractor/#comment-2060 Wed, 29 Jul 2015 20:16:00 +0000 http://themusingsofthebigredcar.com/?p=4263#comment-2060 In reply to ErikSchwartz.

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Yes and no.

http://www.ridesharingdriver.com/uber-vehicle-requirements-can-you-drive-for-uber-with-your-car/

Some as old as 2000 and some as new as 2012.

No chance for a 1966 Impala Super Sport convertible, eh?

BRC
http://www.themusingsofthebigredcar.com

]]> By: ErikSchwartz https://themusingsofthebigredcar.com/uber-the-gig-economy-and-the-independent-contractor/#comment-2059 Wed, 29 Jul 2015 20:11:00 +0000 http://themusingsofthebigredcar.com/?p=4263#comment-2059 In reply to JLM.

I though Uber had a “newness” requirement for vehicles?

]]> By: JLM https://themusingsofthebigredcar.com/uber-the-gig-economy-and-the-independent-contractor/#comment-2058 Wed, 29 Jul 2015 20:04:00 +0000 http://themusingsofthebigredcar.com/?p=4263#comment-2058 In reply to ErikSchwartz.

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Also, you can only depreciate the vehicle from the point in time when it began to be used for a commercial purpose. If you have a 5 year old Suburban, it may not have any depreciable life left in it.

BRC
http://www.themusingsofthebigredcar.com

]]> By: JLM https://themusingsofthebigredcar.com/uber-the-gig-economy-and-the-independent-contractor/#comment-2057 Wed, 29 Jul 2015 20:03:00 +0000 http://themusingsofthebigredcar.com/?p=4263#comment-2057 In reply to pointsnfigures.

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I have not dog in the fight but having wrestled with this problems for decades I can say that there is no one test that establishes the correct outcome.

The IRS attitude is to make the employer fight and win the case.

It is the collection of taxes that drives this discussion.

BRC
http://www.themusingsofthebigredcar.com

]]> By: Grover Outland https://themusingsofthebigredcar.com/uber-the-gig-economy-and-the-independent-contractor/#comment-2056 Wed, 29 Jul 2015 19:02:00 +0000 http://themusingsofthebigredcar.com/?p=4263#comment-2056 Well-done, Big Red Car. Rarely have I seen the essence of “independent contractor” boiled down in the employment context to the simple (yet accurate) equivalence: “The independent contractor is a vendor.” -Grover Outland

]]> By: pointsnfigures https://themusingsofthebigredcar.com/uber-the-gig-economy-and-the-independent-contractor/#comment-2055 Wed, 29 Jul 2015 19:00:00 +0000 http://themusingsofthebigredcar.com/?p=4263#comment-2055 Hmmmm, except when you are an employee you don’t choose when you want to work. I think Uber is messy and the government isn’t up to date on how to deal with Uber.

]]> By: JLM https://themusingsofthebigredcar.com/uber-the-gig-economy-and-the-independent-contractor/#comment-2053 Wed, 29 Jul 2015 18:59:00 +0000 http://themusingsofthebigredcar.com/?p=4263#comment-2053 .
The IRS is nto going to let Uber classify direct employees as independent contractors. The fights have just begun.

The IRS does not want to have to chase 160,000 drivers when they could just get a single check from their employer.

This is playing out right now. The Gig Economy, it is.

BRC
http://www.themusingsofthebigredcar.com

]]> By: ErikSchwartz https://themusingsofthebigredcar.com/uber-the-gig-economy-and-the-independent-contractor/#comment-2054 Wed, 29 Jul 2015 18:59:00 +0000 http://themusingsofthebigredcar.com/?p=4263#comment-2054 I would not be at all surprised if a very large percentage of Uber drivers end up with nasty IRS situations.

In addition to withholdings and quarterlies and the like they also need to keep pretty meticulous records for the depreciation of the vehicle and operating expenses.

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