Expedite Trucking Forums - View Single Post

dhalltoyo · 04-14-2008, 01:09 PM

Frank,

Many carriers permit Lease Owner/Operators to also have their own authority.

I thought that I read a post indicating that having reportable income from both of these sources during a tax year would somehow generate a closer scrutiny by the IRS.

Any thoughts?

04-14-2008, 01:09 PM	#1 (permalink)
dhalltoyo Moderator Join Date: Jan 2006 Location: Moraine, Ohio Rating: Posts: 1,193	Own Authority and a Leased Operator Frank, Many carriers permit Lease Owner/Operators to also have their own authority. I thought that I read a post indicating that having reportable income from both of these sources during a tax year would somehow generate a closer scrutiny by the IRS. Any thoughts? __________________ If you make people think they're thinking, they'll love you; But if you really make them think, they'll hate you. -- Don Marquis The Good Test ----When Disaster Strikes----Christian Truckers