Perplexed by forced per diem option?

Once again let's hose the American workers!

 

Thank you for the article it was helpful to a point, but still if we all listen to the companys that offer per diem pay options they are going to make it sound like its the right way to go. I'm lost myself is it the best option or is it hurting me in the long run? (speaking of long run I better get moving can't make any money this way.) Thanks for any help you can offer.

 

The one thing I can't figure out how it could be legal, is if they charge the driver for administering the per diem fees. That's robbery, or better yet highway robbery. No other employees in the country have to pay to get their paycheck!

 

per diem is ok or not for each person tax me now get the deuction tax me later u get less deductions, listening to any of us is the foolish thing none of us have masters degrees in buisness or acct. The nay sayers might not be brighter then a 5th grader. After 35 years in buisness i was very good at killing fish and the acctountant did his job well. including telling me to get out because the goverment quotas were making me lose money BASICALLY I DONT HIRE A PLUMBER TO FRAME MY ADDITION
the charge by a company to administer per diem is imherently wrong but prolly legal prolly also deductable---> my dumb truck driver thought only

 

Per diem is good for some, bad for others, as a former business owner who did his own payroll taxes, I understand why companies push it. On the other hand, for some it is the way to go as it legally avoids paying tax on some earnings. Myself, I own a home in a state that allows the "Daily Deduction" while on the road so I save a lot more by getting all my milage pay and taking all my deductions at the end of the year.

 

I worked for one company in my almost 20 years of driving that paid "per diem". It is the only year I have ever owed money on taxes at the end of the year. Per diem, as these companies call it, is not per diem at all. Per diem pay is supposed to be an additional pay that companies pay to compensate the employee for being away from home. My brother used to get an extra bit of money when the construction company he worked for asked him to be away from home overnights. It was extra pay. It was not screwing with your taxes, playing a number game, and then charging you an administrative fee to screw up your taxes for you. An OTR companies "per diem" is another way to screw ya. And I would gladly be proven wrong, but I know I won't be.

 

Per Diem screwed me big time! so never again

 

Never never use your "god given" tax deduction, a.k.a. Per diem, when offered by these ripoff artists...it is your deduction for the end of the year, not marten transports, jb hunt, schneider, etc..it is not theirs to give. Everyone of you that know what im saying need to call the irs and complain about this convenluded borderline criminal use of a beneifit given by the govt to the driver. Eventually, enough people get fed up with it, they will have to pay the drivers what they promise and wont be able to save the millions in taxes that they are screwing the govt out of by screwing us with this per diem/admin fee crap

 

$0.01 cents per mile adds up to $25 dollars a week or about $1200 dollars per year. I've heard of some companies charging $0.02 per mile as an "administrative fee" $2400 dollars per year is all I need to know to say No Thanks.

Un-FRIGGIN-believable! Not only the people that fall for this scam BUT the companies that do this.