No, is is not "all in how you set it up." There is NO WAY that you can create a "set up" that will magically turn an employee into an IC. It is...
Sorry, not deductible.
If you are home every night (and not in travel status), how will you be deducting food?
You don't get to deduct it, and this is important, BECAUSE YOU AREN'T BEING TAXED ON IT! The company isn't getting ANY of your money. Take a...
Yes, it will mean less in a workman's comp check, or an unemployment check. If, however, you are making the decision not to take paid per diem...
Do you get the money? Yes. Can you spend it? Yes. It's income. Just not taxable income.
Please explain how the company gets your refund.
Yes, IF you itemize deductions.
You do understand that if your taxes aren't paid via withholding, that you are required to make quarterly estimated tax payments, don't you?
As a withholding agent who fails to withhold, the employer is on the hook for the tax. However, as a practical matter, if the employee has been...
It's not a choice. A person is either an employee or they aren't, but you can't simply choose the status. If you treat someone as an independent...
From page 5 of Pub. 463: It isn't a sub-heading definition. It is the definition for the entire publication.
Every time that you have referenced "Standard Meal Allowance," you have conveniently left out the fact that the IRS defines "Standard Meal...
Perhaps you missed it the first time. The following is copied directly from Pub. 463: It couldn't be any clearer.
I didn't twist anything. I quoted directly from Pub 463. The pub talks about "Standard Meal Allowance" and defines that as "Meals and...
From Pub 463: "Standard Meal Allowance Generally, you can use the standard meal al- lowance method as an alternative to the actual...
You are, of course, correct that it is not required to use the special rate. :biggrin_25525: But the special rate is for meals and incidentals,...
Your tax man is wrong. Unless you drive a day cab truck, you can't take a lodging per diem. If you drive a truck with a sleeper, no lodging per...
Let's see. . . $37,000/($59x.80) = 783.89 days. How did you manage to take over two years worth of per diem in one year? Inquiring minds want...
Dude, just stop. You couldn't be more wrong. You are giving very bad, incorrect advice. If you are doing what you are advocating, and not...