Congratulations on a good year.
What the H does this have to do with the conversation at hand! LOL, you crack me up, Dave. I've made way more in a year with past businesses, not trucking, I've owned. Who cares, not pertinent.
Some numbers for new O/O
Discussion in 'Ask An Owner Operator' started by DUNE-T, Aug 23, 2018.
Page 46 of 157
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There are companies not charging to taking a per diem. -
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Bean Jr. and Dave_in_AZ Thank this.
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This is the here and now. You've made that quite clear.
So let's see some numbers to back your whining. -
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And you want to use the unknowingly company driver to get it done.
I posted that, and I'm happy to pay it.
Like Opus, and so many others.
Let's see the amount you deem unfair and are crying about.
I mean the tax rates are in my examples.
These guys can all add, I mean I'm not very good at math, but give us some numbers.spyder7723 Thanks this. -
Doesn't take a genius to see the discrepancies without actually laying out made up examples. -
I'm being loaded right now, you know that making money thing, so it may take a minute to retort, my apologies. -
I'm not a company driver, yet. Don't take being one to see that they got screwed on the last tax bill 2017. Been retired for the past 11 years.
If it was me, soon to be, 2019. Take the company per diem. Max out any 401K and IRA with any taxable income above the standard deduction (myself single) $12,000. Claim residency in a tax free state, like South Dakota, if you think there will be any taxable income.
Year 2, as you say, go OO, depending on the stage of the economic cycle and take full advantage of the tax write offs for business. Control your own future.
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
Page 46 of 157