Some numbers for new O/O

Discussion in 'Ask An Owner Operator' started by DUNE-T, Aug 23, 2018.

  1. elviscaprice

    elviscaprice Bobtail Member

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    Congratulations on a good year.
    What the H does this have to do with the conversation at hand! LOL, you crack me up, Dave. I've made way more in a year with past businesses, not trucking, I've owned. Who cares, not pertinent.
     
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  3. elviscaprice

    elviscaprice Bobtail Member

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    I wouldn't work for them. They should be paying extra for the savings the company gets from drivers taking the per diem. But this is besides the point. There are a lot of factors to consider about what a company does or doesn't offer it's drivers.

    There are companies not charging to taking a per diem.
     
  4. Opus

    Opus Road Train Member

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    That was 8 years ago
     
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  5. Scooter Jones

    Scooter Jones Road Train Member

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    Now that's some skin in the game!
     
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  6. Dave_in_AZ

    Dave_in_AZ Road Train Member

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    What do past businesses have to do with anything?

    This is the here and now. You've made that quite clear.

    So let's see some numbers to back your whining.
     
  7. elviscaprice

    elviscaprice Bobtail Member

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    I agree, it doesn't, nor current, to the topic of conversation. You, like the gangsta video above do it to change the conversation, that success, or being correct, is in the holy dollar in the end.
     
  8. Dave_in_AZ

    Dave_in_AZ Road Train Member

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    No that's the mega carrier mission statement.
    And you want to use the unknowingly company driver to get it done.

    I posted that, and I'm happy to pay it.

    Like Opus, and so many others.

    Let's see the amount you deem unfair and are crying about.

    I mean the tax rates are in my examples.

    These guys can all add, I mean I'm not very good at math, but give us some numbers.
     
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  9. elviscaprice

    elviscaprice Bobtail Member

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    You'll be getting plenty come April tax due date, the rumbling has already begun. Company drivers will be pissed, especially if they took your previous advice and did not take the company per diem.

    Doesn't take a genius to see the discrepancies without actually laying out made up examples.
     
  10. Dave_in_AZ

    Dave_in_AZ Road Train Member

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    Well then if you speak upon the behalf of the company drivers, just give us your numbers.

    I'm being loaded right now, you know that making money thing, so it may take a minute to retort, my apologies.
     
  11. elviscaprice

    elviscaprice Bobtail Member

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    I'm not a company driver, yet. Don't take being one to see that they got screwed on the last tax bill 2017. Been retired for the past 11 years.

    If it was me, soon to be, 2019. Take the company per diem. Max out any 401K and IRA with any taxable income above the standard deduction (myself single) $12,000. Claim residency in a tax free state, like South Dakota, if you think there will be any taxable income.

    Year 2, as you say, go OO, depending on the stage of the economic cycle and take full advantage of the tax write offs for business. Control your own future.
     
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