Are those 1099 jobs ever a good idea?

You people need to take into account that a new driver doesn't have a whole lot of options so 1099 outfit may (or may not) be good starting point.
From what I read here about mega and mid size w2 companies I guess I should consider myself lucky.It has been already established in another thread that I make at least what beginner drivers in other companies make even after counting additional taxes.
I,however don't have to put up with all that bull...t other drivers do.
I am not a number,not one out of 10000 I am one of 10.I pick my routes.I am not a roadblock,I can go 75.I decide when and where I fuel.When I need day off I call my boss and tell him "I got sh..t to do and can't drive on that day/days".Done.My layover doesn't start after 12 or 24 hours,it starts when I am able and willing to drive but for reasons unrelated to me I can't.I didn't have to pay for 2 broken Volvo corners and 1 ripped off trailer doors.I usually get more miles than I even want .Whenever there is an issue I am dealing with the boss not some mid level workers.When getting hired I requested $1000 sign on bonus and received it in full after 3 months.As for maintenance,I would put "my" truck against ANY truck.Whatever I ask to be done is done.Period.Yeah,I guess I was/am lucky.I don't know if it matters but I stick to my own nationality.
In a week it will be my 2nd anniversary of driving and in December I am taking 2 months vacation.When I come back I will look at what the supposedly good companies can offer me and maybe one day will be able to compare the bad 1099 and the good w2 outfits.That is if I decide that I am still willing to drive.
Disclaimer:
This post is not an advertisement for 1099 companies and should not be understood as such.The author is well aware that there are some pretty bad 1099 companies as he himself drove for one,though only for 2 weeks.

 

He is correct that there is an Employer Mandate that specifies companies with 50 or more employees must either provide insurance or pay a tax penalty, this has indeed caused costs to rise for employers

 

I've got one, it pays the drivers through 1099 because they are essentially leasing the trucks from me and they make 90% of the decisions and 100% on what to haul and when. They make their own schedule, they have a list of contractual obligations they have to fulfill and are compensated for the lack of employment taxes taken out.

There are about 11 owners I know of that run their business like this and there are more than the 11 I know of. All of us pretty much have the same business model and it seems to be fine under both the legal requirements of the labor departments and the IRS.

I cring when I hear how bad 1099 are, most of those who speak about it from personal experience were screwed or ignored common sense by thinking they didn't pay taxes while others are clueless to what it is and how it works but jump on the wagon bashing it. There are owners who pay well and do it under the 1099 rules.

The thing to remember is that you need a contract to make it work right for both parties, it isn't like a job but a contractor position and you can refuse work.

 

It is SUPPOSE TO be a "Contractor" position...but that's not how any of these companies are operating. These 1099 companies are reaping all the benefits of 1099 on THEIR END...but if the driver tries to run the equipment as if they own it...they are canned.

 

It's "like running a business" but the fact is a company driver by law should receive a W2. Even if you do it "right" it's still illegal and I would stay clear of it.

 

I make $60,000/yr on one of those "rip-off", "Craigslist" jobs... I am home every night, on a dedicated run, and bobtail to and from my drop-lot. If you are working for a good O/O, that pays good and takes care of his equipment, you can make good money. Just be disciplined enough to pay your taxes. Be careful some O/Os will take advantage of you. For the record, it's not illegal. As a Sole-proprieter you will pay both sides of FICA taxes. If you make more than $50k/yr, start an S-corporation, pay an accountant and you'll alleviate all the tax/workers comp issues. I've been doing it this way for 5 years. Sounds complicated, but it's really not.

 

Here are the legalities of it.

https://www.irs.gov/businesses/smal...ependent-contractor-self-employed-or-employee

 

Right? I'm well compensated.

 

1099 is not a job, you're an independent contractor at the very least. If they're telling you what loads to haul, when/where to ,what routes to take, etc, chances are you're doing the company a huge favor by paying their share of the taxes, insurance, possibly fuel, maintenance, etc.

 

Take the 1099 job. At tax time tell the IRS hey I think my company is ripping me off I should be w2. IRS will claw back the taxes the company should have paid in. Win win for you because you should be paid more on 1099 and they end up paying what they should have paid in on w2. There are no trucking jobs that can legally pay you 1099 and provide you a truck unless you lease the truck from them.