Gross Pay after fuel costs

Discussion in 'Ask An Owner Operator' started by Snowmonster, Mar 29, 2016.

  1. Snowmonster

    Snowmonster Bobtail Member

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  3. Snowmonster

    Snowmonster Bobtail Member

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    Mar 29, 2016
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    But the agreement was 50/50
     
  4. Snowmonster

    Snowmonster Bobtail Member

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    Mar 29, 2016
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    The agreement was 50/50 after fuel not all the other expenses
     
  5. RustyBolt

    RustyBolt Road Train Member

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    What does your contract say? You did get it in writing, didn't you?
     
  6. ramblingman

    ramblingman Road Train Member

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    You got 25% of gross revenue on a 1099 that's an ok deal. Just rework the deal to 25% of gross. It will work out the same and be simpler.
     
  7. nofreetime

    nofreetime Road Train Member

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    From what you've said so far it sounds to me like you'll never be happy with this deal regardless of whether its a good deal or not.
     
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  8. Raezzor

    Raezzor Quis custodiet ipsos custodes?

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    One guy I worked for pulling cans out of Harrisburg, PA ramps was 50/50 after fuel. And that's exactly the way it was. He deducted fuel costs for the week out of the trucks gross, split off any accessorials (layeover, detention, unload pay, etc... I got 100% of those) and we split what was left. He paid all the expenses outside of fuel out of his own pocket including maintenance. You're straight getting ripped mate. :)
     
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  9. TaylorMade407

    TaylorMade407 Road Train Member

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    Better check the laws. If he's not calling his own shots then he's an employee which mean he needs to be on W-2 not 1099. I spoke with a CPA about this and if he's being told where to go and what to do then that's employee status.
     
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  10. Not_Here_Long

    Not_Here_Long Medium Load Member

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    Your wrong it's not illegal. He's just a partner in an truck and don't get to own it in the end.
    He probably didn't understand the 50/50 part as it was explained. When I read the first sentences I knew it
    would whittle down to about 25% cause that's average driver pay on percentage.
    Just a way to avoid the bother of employee taxes and the 7.5% and employer has to kick in.
    Some business's profit margin is less than 7.5% , so that could mean the difference between shutting down and staying open. If it were me I'd glossed it over with profit sharing or some other carrot and rabbit trick.
    I had workers when I had a shop and it's like baby sitting children. The profit sometimes isn't justified by the aggravation.
     
    Jonkie Thanks this.
  11. Snowmonster

    Snowmonster Bobtail Member

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    Mar 29, 2016
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    Ok what is there not to understand 50/50 after fuel cost is pretty self explanatory . All I'm asking why should I have to pay half of her expenses with no tax benefits ?????? She should pay 100 % of her Road tax-bobtail insurance - maintaince account - permits and so on
     
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