getting incorporated as a company driver???

Discussion in 'Ask An Owner Operator' started by Silent, Jun 7, 2013.

  1. Silent

    Silent Bobtail Member

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    Dec 21, 2012
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    Im a company driver and my company is trying to make me get my own corporation...what do u guys think about it?does it benefit me in any way?
     
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  3. Charli Girl

    Charli Girl Road Train Member

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    Mar 23, 2013
    Houston,Tx
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    What!!!! Lmao...that is incredible. Will they at that point pay your new corp taxes,ins. And do all bookkeeping? I read the article this am about Jersey splitting hairs over O/O's being classified as employees,but I can't imagine the reasoning behind wanting a company employee to become incorporated.
     
  4. fortycalglock

    fortycalglock Road Train Member

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    Tourist Town, FL
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    Do they withhold taxes and give you a W2 at the end of the year, or simply a 1099?
     
  5. drvrtech77

    drvrtech77 Road Train Member

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    What company is this??....no it does not benefit you at all... Sounds like they're trying to shove their business expenses on you in a slick way...don't do it.
     
  6. Charli Girl

    Charli Girl Road Train Member

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    Houston,Tx
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    I'd love to see how they would go about this LEGALLY and still call you an employee. Please share the co name ...There is ALOT to having a corp and if you've never been exposed to it,it will be very difficult to keep up. I'm still just flabbergasted by this request. Keep us posted,love to hear more about the outcome.
     
  7. mcgoo422000

    mcgoo422000 Medium Load Member

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    Mar 18, 2012
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    You loose schedule C as an Inc. unless theres lots of money made not worth it cost you more, for so fancy letters at the end.
     
  8. Charli Girl

    Charli Girl Road Train Member

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    Houston,Tx
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    UGH ,.yes alot of fancy letters....lol I still disagree that this would be legal IN ANY STATE!!!
     
  9. dca

    dca Road Train Member

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    What? ..... Why? ... Who? ...

    Are you going to do a lease purchase?

    Something is missing here
     
  10. WorldofTransportation

    WorldofTransportation Heavy Load Member

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    Sep 20, 2009
    Your mother
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    Why would it be illegal.... While I don't agree with it... If they can get some fools to form a corp... then they shift some burdens to him.... It may be shady in suggesting it but as long as they don't require it they are probably legally ok..

    As far as the question posed by the poster... Run don't walk away from this stuff..

    and to your other point charli girl.... i am pretty sure that they don't want him as an employee... I bet they have it set up where when he does this is will be a l/op instead of a company driver..
     
  11. Numb

    Numb Crusty Curmudgeon

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    Charlotte, N.Carolina
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    you would be a contract driver??
     
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