Happy New Year! Now pay up.
That's what it feels like with new fees, regulations, and taxes kicking in on Jan. 1 (on Wednesday) for ride-share trips on apps like Uber and Lyft.
In California, there's a lot to take in. A statewide change to gig job classifications, called AB5, goes into effect as soon as it's officially 2020.
That means on-demand drivers for apps like Lyft and Uber can argue they should be treated like employees with better pay and benefits, not like independent contractors. Lyft and Uber don't plan to change anything yet with how it hires, pays, and employs drivers, claiming its drivers are truly independent workers who don't need to be reclassified. Read more...
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