company drivers no more per diem 2018

How is OOIDA Going to help company drivers they are only for owner operator drivers. They still get to itemize their per diem and expenses

 

I live in NY and found out when I went to my accountant that the state still allows per diem deductions just like the feds used to. Check with your state and maybe you will find the same.

 

Gross, state income taxes.. lol texas is open for buisness btw with NO state income tax.. just don’t come down here and vote like you guys do up there lol

 

Still have company deducted per diem this year. Works just the same. Standard deduction, no change in pay if I want per diem or not.

 

Meanwhile

Amazon pays no 2018 federal income tax despite soaring profits, report says

I’m starting to feel like a hamster on a wheel

 

Right and Texas is one of the very few states without an income tax. They must get it out of you some other way.

 

Isn't it great? Second year in a row too. And I owed the feds $600 this year making a pittance and taking every deduction I am allowed .

 

Smaller tax refunds put GOP on defensive

But it's funny, I don't remember any stories about people being happier with their slightly higher weekly take-home pay in 2018. Are that many people THAT focused on their refund and don't really consider what they actually pay in federal tax between their withholding and refund?? They seem to be okay with any amount of withholding as long as they get their usual refund. Car salesmen [and government] must love the American taxpayer with that attitude

 

Company drivers prepare to pay up or hardly get a refund from here on out..that little bit of extra change on your paycheck you got..your going to pay it back. Owner operators you are golden..the new tax law benefits biz owners and not employees. You may want to claim 0 your paycheck so you dont have to pay next year Traveling working stiffs were left in the dust on this one

 

Yes but the new tax plan is going to result in your company handing out huge bonuses to make up for the loss of per diem. The job creators will surely reward the workers with some trickle down wealth.