Thank you Mr. Moot. I appreciate it. I decided to come out of retirement from the Teamsters and I landed a driver job from a lady in Livonia, MI. She pays the 60/40 deal and she has her van leased on with Tri-State. I think it is a lot better gig than the 25% I was getting from last owner. What is your opinion of the 60/40 deal. Thanks.For sure per diem. Keep track of the days you are on the road.
Thanks. I appreciate the help.Try axxetax in Tulsa. Nancy is fabulous. Her husband was a cdl driver. Tax,Bookkeeping,Enrolled,Agent,Payroll service,Tulsa,OK,Audit,Accounting,accountant,Bookkeeper,Free,return,sales,corporate,llc,notary,espanol
Morning Jumbuck,I am starting to drive for a Van owner. Am I an employee or a contractor? Can I deduct anything as far as fuel (I Pay For Fuel) and expenses incurred by me on the road? If I can, what are the things I can deduct?
Thanks in advance for your help.
yes i went through H&R block and deducted tons of stuff, fuel (the single biggest expense), hotels, tolls do not forget tolls and keep all receipts, cell phone anything you buy directly for work like boots and uniforms, tools etc...Any expense you pay for can be deducted. Fuel, motel, tolls, hand tools, equipment, work shoes, communication, uniforms, laundry. Save all your receipts. If you pay with a credit card you can print out your purchases for the year and they should be itemized. A good accountant is very helpful. I had 5 different accountants and had problems with each one until I started using PBS Tax Service out of CA..