What’s the Meaning, 1099 job?
Discussion in 'Questions From New Drivers' started by stacks, Sep 9, 2018.
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To the OP, the real difference is that if you are a 1099, you have a contract with the owner and they can't tell you how to drive, where to drive and unless the contract is specific to the job, what loads to run.
How?stacks Thanks this. -
In the event of a serious crash where there is evidence that suggests the CONTRACTOR was negligent or did not follow normal safety protocols, the carrier can leave the contractor to provide his own defense counsel to fight claims made against the driver himself (who is NOT an employee of the carrier). A contractor could potentially be on his own and not have the benefit of carrier’s counsel fully behind them (In front of them handling legal demands from claimants).Tb0n3, laaylor, NavigatorWife and 1 other person Thank this.
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IN the years past a piece work rate was good, you get paid certain amount to complete task which if you are super conservative and a great planner and everything goes right you can make good money and then take care of insurance, taxes. I have not done that recently but it is best to search in the tax bs to see what else they are making you pay now.
stacks Thanks this. -
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Some companies have CPA's linked to them that you pay a fee to or you can find your own, and they will keep up with your truck expenses and your expenses that are incurred during as a lease operator like for safety clothing, boots, gloves supplies, equipment, etc, that can be claimed against your tax filing. You pay all the tractor expenses, permits, ifta, etc. Like mentioned you don't have any benefits that you don't pay for yourself.
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I have covered this and done a quite a bit of research. 1099 is legal in our industry under certain circumstances. Like the independent contractor having an LLC. And everything that goes along with that LLC. It's not for everyone and it is for some. The hardest part is if you go in as a 1099. You take a lot more risk from crashing liability to not being able to collect your cash. I have done the 1099 with my own llc behind it. I made about the same to be honest as I would have as a company driver. The LLC with proper insurance will and would cover most issue related to 1099. And if good forbid something happened on the road your clear for the most part... Key work here folks is set up a LLC and get insurance to cover your ###. Most that work 1099 can't work for anyone else. Not my personal situation and why I worked for a few but to each they own.. just my 2 cents..
Lav-25 and NavigatorWife Thank this. -
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Trucking Jobs in 30 seconds
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