Class B

NOT in this industry, if a driver is being considered as an independent contractor and being paid as a 1099 independent contractor they have a narrow set of tasks that as a driver has to do but there is a lot more latitude to make decisions from routing to actually deciding to take a load. An independent contractor can refuse without giving a reason to accept a load which is the most important privilege that an independent contractor has. If the carrier forces a load on someone being paid as a 1099 independent contract, this is considered forced dispatching and it has cost a lot of carriers a lot of money from the decisions by the IRS and a state's DoL.

Outside this industry, there are different requirements and obligation tasks that are part of the independent contractor and the customer through a contract.

 

And it’s still a crap rate. Lots of folks get paid 1099 but folks in this industry think they got an accounting degree with their CDL and no matter how many times it’s explained to them clearly and concisely as you have ridge line they still don’t think it’s a problem. Personally my next step is the unwatch button. OP says there’s a “new wrinkle” but still doesn’t get its a crap rate

 

The OP never provided his age and you are correct once someone is older than full retirement age they can work all they want and it doesn't change their SS check. You are assuming the OP is older than FRA and I was assuming he is younger than FRA. 1099 is violating IRS regs when the company is using employees but paying them as independent contractors. Enron was a multi-billion dollar corporation with many accountants, they used one particular accounting firm that was one of the Big 8 firms until Enron collapsed for cooking the books and Arthur Anderson (Enron's accounting firm) went kaput for helping Enron cooked books get past the regulators. Now there are the Big 7 accounting firms. Wells Fargo is a huge bank and they routinely commit fraud and financial crimes.

The IRS has a multi-step test to determine if the company is using employees or independent contractors. Every time the IRS looks into this matter they are finding that 80% of companies claiming to have ICs are misclassifying employees, which just coincidentally saves the company tons of taxes. Providing the equipment, decididing which work is assigned to which worker, setting the hours of work or the appointment times, etc points toward employee, not IC. Maybe the OP is providing the truck and fidning the shipper/receivers.

 

So was Enron until it collapsed when their Ponzi scheme was uncovered and their accounting firm (Arthur Andersen) also went out of business.

 

Worker Classification 101: employee or independent contractor | Internal Revenue Service

 

I’d go for another $50 per day at least. Call it pay or per diem, I wouldn’t care. You’re a Class A Driver competing against Class B Drivers. Lots of Class B Drivers out there. Class B pays less. 25-50% less in my experience. Can’t draw blood from a turnip. All that matters is if it works for you, and your family life. $50, or $100 extra per day, who cares. If you don’t need benefits, and can sock away 1/3 of the pay. I don’t see why it wouldn’t work. The only potential problem I see, is disrupting your Class A experience. That may cause problems if you decide to drive a T/T again. My guess is you will. Class A T/T opportunities are far more common. Best to keep options open. You risk painting yourself into a corner.