This company wants to hire me as a 1099 driver. I’ve never done truck driving as a 1099 driver. What will be my expenses? Do I have to pay for fuel, repairs, insurance?
@MOBMILLIONS
8 ай бұрын
@@Iwant-truthdon’t do it
@tothepoint8904
2 жыл бұрын
Why are there so many trucking companies publicly advertising they pay 1099 when all of their terms clearly label their drivers as non IC's? Why is there no enforcement of this?
@TheFlatbedChick
2 жыл бұрын
Those people are the treason AB5 exists! If they wouldn’t have been trying to cheat the system California probably wouldn’t have AB5….. which put a lot of legit owner / ops out of business from what I’ve heard. 🤦♀️
@omarion23L
Жыл бұрын
Good point
@jlmadd
Жыл бұрын
They agree and no one reports them. If they drive as a company driver meaning they are not purchasing your vehicle on a lease purchase program they are all supposed to be W2 employees but many drivers agree because they believe they can benefit from the 1099. But it’s illegal if they are driving your vehicle not buying it they are supposed to be an employee
@bobbygraham1135
2 жыл бұрын
Good video man
@brandonlindsaycpa
2 жыл бұрын
Thanks!
@mellowwilliams377
2 жыл бұрын
The carrier paying for fuel, repairs, and insurance for a 1099 contractor may get flagged as well.
@brandonlindsaycpa
2 жыл бұрын
That's a good point.
@legendarysbest6771
2 жыл бұрын
@@brandonlindsaycpa why is that
@Iwant-truth
Жыл бұрын
Why?
@Dingbobber
2 жыл бұрын
So what if the broker instructs the driver what to do and where to be, he decides when and how to move. But he’s using my equipment and the financial risk is set on me?
@Ifatyowa2010
Жыл бұрын
If my driver has an LLC and he signs an independent contract agreement with my company with specific stipulations that distance his driving for my company as an employee, it should work. Its a thin line and the feds have the last say, but I'm going to at least try it for the 2023 tax year. Plus, the turnover for drivers is crazy, that would be a lot of paperwork if you have a high turnover, reporting terminations and new hires. I will make sure I have enough to cover if the feds disagree, but I'm banking on the agreement, and advising my drivers to form an LLC to perform "driving" services for my company. Similar to a chauffeur.
@felipequintela3254
19 күн бұрын
How did it go?
@kodeezieproductions
11 күн бұрын
Yea..how did it go? 😅
@johnoptions9192
Жыл бұрын
Hi BL. Thanks for sharing your experience and knowledge in this video and all the other videos. Hope to get my own authority soon. Registered an LLC and got my EIN. In the process of hiring a driver. I got someone interested in the job. He has 20+ years of experience. Advice on what to do next. Will appreciate.
@pauledwards3839
Жыл бұрын
You got an email or some other contact info? Need a CPA that knows what they're doing...
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