The All-Access plan has been compared to subscription services like Costco Wholesale and Amazon Prime. In a March interview with technology news outlet Techcrunch, Lyft CEO Logan Green expressed a desire to eventually move the transportation industry toward a subscription model similar to Netflix. … [Read more...] about Lyft Is Rolling Out a 30-Day Ride Subscription for $299
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The report may also point up the conflicted attitudes of a younger generation that has become somewhat dubious about the automobile because of its damaging impact on the environment and urban traffic, and yet has also embraced ride-hailing as a quick and inexpensive way of getting around. … [Read more...] about Report: UCLA students use Lyft and Uber to get to class, and it’s raising environmental concerns
Employers will need to figure out how to value the Uber or Lyft rides. Generally, the fair market value of the benefit is based on all the facts and circumstances. If a car seats six, but the employee rides alone, should the employee be reimbursed tax free for 1/6 of the fare or the entire fare? Or should the value be based on the value of one seat in an ordinary van pool in the employee’s market? Or the entire fare paid by the employee? Note also that there are a number of vehicle valuation rules under the Internal Revenue Code that may be useful. Each employer should confer with its accountants and tax counsel on this point. … [Read more...] about Can Employees Commute Tax-Free on Uber or Lyft?
The plaintiffs in both cases noted that they could be terminated if they did not accept a certain number of passengers. Both Uber and Lyft countered that, even so, they did not control the drivers and rather provided only a platform, or referral service, to connect drivers and passengers, even though the drivers are an integral part of its business. Indeed, as the judge noted in Uber, without the drivers the company could not operate or exist. Based on comments by the judges, it appears that both cases will likely go to a jury. … [Read more...] about Uber and Lyft Drivers: Employees, Independent Contractors, or Something Else Entirely?
Uber and Lyft have said they support the City Council's goals to reduce congestion and ensure drivers earn a livable wage but disagree that the legislation will achieve those. They say they provide needed service to neighborhoods outside Manhattan that are poorly served by yellow cabs. … [Read more...] about NYC Moves to Rein in Uber, Lyft With Cap on Ride-Hail Vehicles