I have been working for construction compianes for several years hauling end dump and flatbed. I am looking to change things up a bit.

I have been offered a job hauling fuel locally for a O/O who has 3 trucks. The pay is per load which changes depending on were you load and the station it is hauled to. He told me the pay will equal out to be $3500-$4500 a month($42000-$54000 a year) But he also wants to 1099 me.

Is this about the normal pay for fuel haulers and should I run away from the 1099.
or should I start here and use it as a stepping stone into one of the larger fuel hauling companies when I gain the exprience.

Thank Guys for the help!

 

You don't say where you are at. I'm betting Texas though. Unless you are in an area that does not have a "tanker outfit" that will train you (most will), I would suggest you just be careful of the loads and what each pays. Keep a written list. And....set aside your tax and FICA payment so you have it to send each quarter.

 

Sorry I am in Madison Wi how would you rate that pay for a new fuel hauler ? Also is it normal to be 1099 by smaller guys.

 

I am not big on working on a 1099 as an employee. Since you are in Wisconsin, there are plenty of carriers up there, that pay decent wages, that would be a better opportunity. You will even find a job that has decent bennies....where that O/o is not going to give you anything.

Look at Kenan;
Bulk transportation and logistics provider of petroleum and specialty products

Transwood;

TransWood Carriers, Inc

I am sure there are other carriers that hire "employees" in the traditional manner. Talk with them.

 

Dont walk but run from that 1099. This guy has got to be a joke if he doesnt put his drivers on a payroll.

 

There is nothing wrong with working on a 1099 as long as you put back enough to take care of your own taxes. Those who pay on a 1099 usually pay higher wages than those who pay on a W2. If you are responsible then a 1099 may work well for you. If you need someone to take care of your taxes for you then you may want to try to find a carrier who will pay on a W2.

 

Funny thing about working for a fuel carrier. Once you get card at the terminals where you pickup the fuel, getting the next job in the same area, doing the same thing, is easier.

However, I not to sure about the 1099. Small outfits usually run on a tight budget...something goes wrong, and it affects weather you get paid.

Good luck with your decision.

 

If you don't already have it, I'd apply for the TWIC. I assume you have your Hazmat already but if not, apply for that first then TWIC.

 

The IRS also likes for you to pay your estimated taxes quarterly. Plus, you will pay ALL of the SE tax which is normally split between you and the employer. Keep receipts for anything remotely involved in the business side of living so you can try for the deductions. I was 1009'ed when I got back from Afghanistan and was unpleasantly surprised when 15% of my pay was taken away.