I get paid weekly and theyre taking 625 a week out of my check for the truck payment, do I need to pay taxes after the 625 or before?
Example: 1900 - 625 then the 25% or is it 1900 -25% ?
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Taxes
Discussion in 'Lease Purchase Trucking Forum' started by Alexp2686, Jun 10, 2020.
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You need to talk to a cpa that know this industry and get your business set up correctly. I hope you aren't doing a lease/purchase.
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I know I need a cpa, i was just wondering if anyone knew. It is a lease purchase, Its 625 a wk and it includes insurance n plates. Loads pay 430 to 480 for 120 miles, but its alot of heavy containers.
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Fleases, aren't very popular here
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9% of your gross pay should get you in the ballpark for the taxes you owe once your deductions are all taken out.
Alexp2686 Thanks this. -
Its a small company with only 31 drivers at my location. -
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Rideandrepair Thanks this.
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