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" ... A partnership is useful for ring-fencing TTS/475 trading from individual taxable, and IRA accounts for avoiding wash sale losses and the IRS reclassifying investment positions as TTS/475 positions. ... "
" ... As for any talk of Bates reclassifying, that will wait until after the season. ... "
" ... DoorDash tries to present a more profitable view of its operations by highlighting Adjusted EBITDA, every unprofitable company’s favorite metric. In the nine months ended September 30, 2020, this metric excludes $115 million in legal, tax, and regulatory settlements, reserves, and expenses, including charges related to DoorDash’s lobbying in California against reclassifying drivers as employees. Adjusted EBITDA also removes $11 million in stock-based compensation expense. ... "
" ... Khosrowshahi reiterated gig platforms’ “third way” compromise, which would give workers some protections without reclassifying them as employees. ... "