Reduction in pay of .2 per mile??

Okay just so I'm straight here, so you mean 2¢ per mile, do you mean 1/50th of a cent per mile, or do you mean 20¢ per mile, because you've said it all three ways.

I'd say he either changed accounts, or his bonuses changed. Like his safety went down or something. Every thousand miles you do a week is a $20/week difference. Over the course of a year is $1,040. But I'm not sure how much that's going to affect your taxes either way.

 

Just say 2cpm

Now that works out to be right at $2,600/yr difference. If it were me – which it ain't so take it with a grain of salt – I'd want to know why my pay was reduced without being informed ahead of time. But I wouldn't be up in arms about it, either. It sounds like to me either he had a bonus that he was getting that dropped off – for instance new hire bonus for X amount of miles – or some sort of clerical error. Such as someone signing him back for the per-diem admin. Either way, the full story ain't being told.

 

Can’t say for certain what the issue is. Could be tied to his current job designation.

But I can tell you from having worked with them in the past. They will make it right if they’ve made a mistake, you’ll get everything you’re owed.

 

Mistake!!! Opt into it. Company drivers are no longer able to take the deduction on their tax returns. You’re going to leave over $5000 in the hands of the Federal government in a single year. With no way to recover it until retirement. No promises of that either.

We’ve run the numbers on it.

If you’re struggling, even a little bit. Take this per diem for a year or two. It won’t have a large enough impact on your social security to even worry about.

That said, he may need to recapture some of this in future years. But that’s an easy thing to do.

The main priority, for now, should be focused on the next 12-24 months if you’re needing the additional incom.

 

The other thing I like to point out @TheTruckersWife is that understand the nature of the business, too. This week you might be short $50, next week you're up $150. Just be aware, that's all.

 

I posted my check from last week on a thread. Just over $2k. This week? I’m not going to break $1k lolol Next week? Even worse. Full disclosure, I’m running the direct route game into the house. Which has a serious impact on my earnings

Trucking is like a yo-yo

 

Have you run the numbers with a 2 cpm deduction in pay?

Yes, I will pay more in taxes. What extra I pay in taxes pales to the impact on my social security. If you eliminate the 2 cpm charge , then yes, the per diem option is better. With the charge it becomes murky.

 

Keep riding them for an answer. They won't think it's an issue unless "you" make it one.