Is Quick Pay a Tax write off?

Discussion in 'Ask An Owner Operator' started by Siinman, Apr 7, 2022.

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  1. Apr 7, 2022 #41
    Siinman

    Siinman Road Train Member

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    Yep it makes sense to me but I always have a rate figured out in my head on min I will run the load. I use it to neg a little higher rates with some brokers that are a pain in the ###.

    My normal broker I use I do not use quick pay so no charge. Just on the ones I don't like using and add even more for that. DOn't ever care if I get the jobs so it never bothers me if they pass if that make any sense.
     
    Siinman, Apr 7, 2022
    Siinman, Apr 7, 2022
    #41
    TheLoadOut, Midwest Trucker and God prefers Diesels Thank this.
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  3. Apr 7, 2022 #42
    abyliks

    abyliks Road Train Member

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    3 months from the load? Or 3 months from when the invoice is “accepted”? Because there is a difference
     
    abyliks, Apr 7, 2022
    abyliks, Apr 7, 2022
    #42
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  4. Apr 7, 2022 #43
    God prefers Diesels

    God prefers Diesels Road Train Member

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    I just negotiate the most I can. During that phase, I don't even know if I'm doing quick pay or not. Depends on how I feel about the broker.
     
    God prefers Diesels, Apr 7, 2022
    God prefers Diesels, Apr 7, 2022
    #43
    TheLoadOut, D.Tibbitt, Midwest Trucker and 1 other person Thank this.
  5. Apr 7, 2022 #44
    Siinman

    Siinman Road Train Member

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    Do you do the books or do you have someone do it? That is another reason I don't like waiting 30 days to complete the process in quickbooks. Like to do it all as fast as I can to not be bothered by it.
     
    Siinman, Apr 7, 2022
    Siinman, Apr 7, 2022
    #44
    TheLoadOut, D.Tibbitt, Midwest Trucker and 1 other person Thank this.
  7. Apr 7, 2022 #45
    Siinman

    Siinman Road Train Member

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    That is from invoice
     
    Siinman, Apr 7, 2022
    Siinman, Apr 7, 2022
    #45
    TheLoadOut and God prefers Diesels Thank this.
  8. Apr 7, 2022 #46
    abyliks

    abyliks Road Train Member

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    I mean, counting out long wheel base 10’s on to my door jam is a slightly better feeling …

    edit: and of course it always gets properly filed…
     
    abyliks, Apr 7, 2022
    abyliks, Apr 7, 2022
    #46
    Midwest Trucker Thanks this.
  9. Apr 7, 2022 #47
    Siinman

    Siinman Road Train Member

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    Also with this new truck payment I may change my ways on this thinking since it could add up to be maybe a free month for the truck payment. Something to really consider in the future now.
     
    Siinman, Apr 7, 2022
    Siinman, Apr 7, 2022
    #47
    TheLoadOut, Midwest Trucker and God prefers Diesels Thank this.
  10. Apr 7, 2022 #48
    abyliks

    abyliks Road Train Member

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    again, from when YOU invoice, or from
    When they ACCEPT the invoice, 90 days from invoice when it takes them 90 days to ACCEPT = 180 days waiting for money…
     
    abyliks, Apr 7, 2022
    abyliks, Apr 7, 2022
    #48
  11. Apr 7, 2022 #49
    Siinman

    Siinman Road Train Member

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    From when I invoice it, meaning once it is delivered time starts because I email it out right after.
     
    Siinman, Apr 7, 2022
    Siinman, Apr 7, 2022
    #49
    God prefers Diesels Thanks this.
  12. Apr 7, 2022 #50
    God prefers Diesels

    God prefers Diesels Road Train Member

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    I don't know how he does it, but my clock starts ticking one second after I click "send". If they have trouble accepting the invoice, they'd better be quick, because I'm emailing in fifteen minutes to see if anyone received the paperwork. Had the ole "it went in my spam folder" ######## once or twice. Poor excuse. I check my spam every time I check my inbox, because anyone with half a brain knows things accidentally go to spam on occasion.
     
    God prefers Diesels, Apr 7, 2022
    God prefers Diesels, Apr 7, 2022
    #50
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