it depends on which method your business established for accounting - cash or accrual. Cash you recognize when paid accrual you recognize when incurred.
Taking the plunge. My journey as an O/O.
Discussion in 'Ask An Owner Operator' started by Farmerbob1, Jan 7, 2019.
Page 125 of 256
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I’ve always counted income, when paid. How can I pay taxes on what hasn’t been paid yet. By that reasoning a person would be liable for taxes on income earned, even if they got stiffed on payment. As far as deductions,I take them for the year they were paid. Even if it was paid with a credit card. I maybe doing something wrong, don’t claim to be an expert, just they way I’ve always done it.
Farmerbob1 Thanks this. -
Got into a couple of live loads due to the account being short of work out of TX. Flipped my sleep schedule to deliver to McLane, then got to my next stop with 4 minutes left on my 14.
Sent my arrival call, and went to bed. Woke up, loaded, and they loaded me illegal. Scaled, returned for rework.
Loaders tried to tell me I couldn't be overweight because they do the same load out every day. I showed them the scale ticket. They looked at the pallet diagram, and noticed that there were far more heavy pallets than normal, and they were all at the back of the truck.
They are flipping the load in the box now. It should balance out easily reversed.
Then, I had dispatch bugging me about sending an arrival call, which the Peoplegarbage machine apparently ate during daylight savings.
Meh. Not anything terribly annoying, but I am losing money and patience sitting here.Rideandrepair Thanks this. -
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Well, about to start another overnighter. Running from Kansas City yard to Nashville yard.
Going to try to Tcall this load in Nashville tomorrow, because it delivers in GA on the 13th at 0230, and cannot be rescheduled and/or delivered early.
If it can't be Tcalled, I will take a 34 a couple days early, before delivering it.
Then, hopefully, I will be back on d&h account loads again.Pandemic, Rideandrepair and RStewart Thank this. -
I had a lumber yard jump my sh when I showed back up in the morning.
I was legal for every state but Oregon.
Heavy load. Legal axles. But gross was 2500 to heavy for Oregon. And only Oregon.Rideandrepair and Farmerbob1 Thank this. -
I have complained about weird wear on a single drive, but never provided a picture.
RRO drive. Only this tire has the odd, irregular wear. It has never been underinflated, and all 8 drives are the same age, with @ 160k miles on them. Any ideas?
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It has been under inflated at some point. Just a 5 psi difference from the tire next to it will cause problems. Anything else wrong with the truck would've caused problems on more than one tire.
Farmerbob1, TallJoe and Rideandrepair Thank this.
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