Per Diem pay plans, Good or Bad idea??
#1
12-24-2006, 02:53 PM
Join Date: Aug 2006
Location: NOT TELLING....but it is in the same state that the Ohio State Buckeyes play!!
Posts: 338
Per Diem pay plans, Good or Bad idea??
Just thought I would ask for some comments, suggestions or advice :roll:
#3
12-24-2006, 07:46 PM
Bad...
Less money into your 401k plan, social security, medicare, and workmen's comp. Also, you cannot claim your per diem allowance at tax time since it's already been paid to you every paycheck.
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#4
12-25-2006, 06:18 AM
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Originally Posted by Cyanide
Bad...
Less money into your 401k plan, social security, medicare, and workmen's comp. Also, you cannot claim your per diem allowance at tax time since it's already been paid to you every paycheck. Nendail
#5
12-25-2006, 06:52 AM
Per Diem
Do an archives search here, at layover.com, pumpkindriver.com, and truck.net. It's been beat to death. Ask your tax preparer which is the best way to go for you. That's how individualized it may be.
In most cases with a driver already having a mortgage, dependents, etc., per diem is a rip off of the driver by their employer. BOL
#6
12-25-2006, 08:14 AM
Originally Posted by Kintama
I think it's a scam! Just a way for the company to pretend they're paying you more.
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#9
12-25-2006, 12:45 PM
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Re: NOT A GOOD IDEAL
Originally Posted by syl77dar
YOU CAN GET MORE MONEY W/O DIEM AND CLAIM $54 A DAY ON TAXES WHOLE TIME YOU ARE AWAY FROM HOME!
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