My first job offer is a 1099. Here are the details. Any feedback is appreciated.

How bad is it? It truly all depends on the amount of rump you want to give up to the folks you will be working for. You shouldn't be paying any escrow. As another poster here said, you are a company driver not a lease operator. Companies like this who pay on a 1099 usually do it because they think it alleviates their duties to pay their portion of taxes they rightfully owe. This means they are placing the burden of paying those taxes solely on you.

If you are unsure about the position but take it any way there may be (not a given, however) some things you can do to recoup some of your losses you will undoubtedly end up having. First and foremost consult an attorney. If you choose to forego doing that, familiarize yourself with the laws in the state the company you will be working for operates from. The IRS has a form called Form SS-8, it's a form that determines a workers status. You fill out the form and send it to the IRS, and they review the information and conduct an "investigation", they will determine if you are in fact a contractor or not.

To each his own, but if it was me I wouldn't touch this position with a piss ant.

 

Ok I don't know where WE is getting health insurance for 100 a month. I'm paying 85 a week. Even our cheapest plan is 55 a week.

 

Because ive paid for my own for like 7 years and was guessing based off my post office job a couple years back and what i could find on google lol? Doesnt detract from my point though

 

I read this whole thread with great interest, as I am considering a 1099 company myself. I hope you don't mind me piggybacking off your thread a bit TD3. In your case I think you made a good decision to keep looking. But my case is a little different.

This is a lot closer to my situation. But I am getting roasted over in my own thread about Caracas Transportation, Inc. because they are a Chicagoland 1099 company. I think they don't sound as bad as what OP described (they have an actual terminal you can see at their address, a number of trucks, no escrow or other nonsense like that, even some good reviews, seem to haul military vehicles, etc.). I think they might even be my best option at this point. Anyway, feel free to weigh in over there.

 

I'm looking at 1099 companies as well. Now. Otr 48 state. Driver, or straight lease under manufacturer warranty.

 

How’d things turn out for you?