Filing taxes for Uber, Lyft, and others in the on-demand economy

SherpaShare was built to help independent contractors maximize their earnings potential by providing them with more accurate analysis, mileage tracking and a real time community network. If you haven’t already, download our App and start tracking 2016 miles now.  Communicate with your local drivers and get ahead of the game. We’ve partnered with Shared Economy CPA to give you the important tax information you need as an independent contractor. 

2015 Mileage Report Now Available

 

Did you track mileage with SherpaShare in 2015? If so, you can now do an instant-download to see your year end mileage summary and full trip-by-trip details directly on the Driver Dashboard under “Get 2015 Report”. Read the details below.

Your 2015 Mileage Report

On your Driver Dashboard look for the “Get 2015 Report” button. Once you click, you’ll see the brief description of the reporting:

• Your mileage tracked by SherpaShare in full CSV format
• Directly sent to your email with unlimited downloads
• Save hundreds or thousands of dollars from owed taxes
• One-time payment of $10

Once processed, you’ll receive an email with your summary and full mileage details. If you still want to manually check and export your miles into a PDF you still have that option on the dashboard.

ProTip: Remember just one 17 mile trip is worth $10 toward your tax deduction, based on the 2015 IRS rate. If you’re looking for tax tips check out our “What You Absolutely Need to Know About Rideshare Taxes”

We’re thrilled to offer this to you and continue to be able to grow and expand our driver support service and network, the largest in the world.

Read More: When will I receive my 2015 tax info from Uber, Lyft? 

How to label, edit, and export your mileage with SherpaShare

While the SherpaShare App is designed to run in the background and track your driving mileage automatically, that alone is not useful if you don’t know what to do with this mileage afterwords. Here are 5 tips on viewing, labeling, editing, adding, and exporting your mileage.

 Pro Tip: Download the free app first on iOS or Android, then read below

How to see your past trips

When you login to your web dashboard, under the Mileage screen you’ll see a list of your tracked mileage. You can scroll or search by date, and tap the map marker icon under Miles. Once you do, you’ll see the full map of that trip.

Tips on how to save thousands with mileage tracking, and avoid getting in trouble with the IRS

Any business mileage submitted to the IRS is likely to be closely scrutinized, and your mileage log is the most important piece of evidence for this. The reason: Mileage can be an enormous deduction for tax filers and the IRS knows how to quickly find record keeping mistakes that could wipe out your entire deduction. Here’s how you can avoid common mistakes when submitting your business mileage.

How do I get started with the SherpaShare App? Check out these videos.

Our mission is to help independent workers work smarter and earn more, and we’ve started with independent drivers! So, if you’re wondering what exactly that looks like in the app, look no further. We’ve whipped up 5 short videos to help answer some of your questions!