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#41
03-17-2013, 02:29 PM
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So quarterly we add up depreciation, total fuel, scheduled maintenance, etc for each truck/driver. We then compare the person vs business use mile and they are taxed on their portion of he use. So say at the end of the quarter that number adds up to $5,000, and 25% of the miles were personal. Then $1,250 is reported as the benefit, use 30% tax bracket for easy numbers and the tech has to pay $375 in taxes. That $375 is much less than what the tech would have spent on fuel to get to and from work in his own vehicle. This also allows us to expense the cost they incur as a legitimate business expense. With out taxing the driver you can not write off their personal use, the IRS needs to get the money from someone. The IRS also says we can not include non scheduled repairs in the portion they pay. So if we spend 3k on a major repair then we can not include a portion of that as the benefit. Also the IRS allows a flat $/mile rate instead of adding depreciation, fuel, maintenance etc such as how you can do to write off business use of the vehicles. But doing it by actual costs is much more beneficial than using the flat rate.
__________________
Why do people not respect us as they do other tradesmen? Because every Tom, Dick, and Harry doesn't think he can be a plumber or electrician! 
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#42
03-17-2013, 02:44 PM
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wal-mart doesnt have an employee bus. get to steppin' ! 
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#43
03-17-2013, 03:10 PM
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theft is always q concern. Obviously I would much rather the trucks all left in the pen at the shop from that stand point. I actually had my service truck that I drive as a daily broken into a couple months ago when I was at dinner. Fortunately it was january so there were no irrigation parts or tools n the truck, just some lighting maintenance parts that were at the front of the bed, and they broke in through the rear end.
Also a key thing is that they sign an insurance release my carrier (Commerce) provided, stating that any accidents during personal use go on their personal insurance carrier and not on my policy. Same as if you borrow a buddys car and cause an accident in it. Of course the company is still subject to lawsuit same as it would be if the accident happened during business use.
__________________
Why do people not respect us as they do other tradesmen? Because every Tom, Dick, and Harry doesn't think he can be a plumber or electrician!
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#44
03-17-2013, 03:17 PM
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In my case, there are almost never any laborers needed, we don't do installs and use remotes so 99% of the time, 1 guy is all it takes. I was really pretty lax about personal use unless it became really abusive but we use lettered E250 Cargo vans so they really aren't all that great for anything but work. The GPS isn't so much to spy on the employee as it is to keep track of the van. I put it in vehicles even when they aren't going home with someone at night. They're my assets and I want to know where they are. It also give us a backup to prove to a customer we were there when we said we were on the few jobs that are billed hourly and helps with dispatching if something comes in during the day.
As far as on-call, we don't do after hours or emergency service. The phones turn off at 5 and if it wasn't scheduled by then, it'll wait until the following business day. I've never paid my guys hourly anyway, it was always a percentage of their gross billings, so whether they take the truck home or not, fueling, re-stocking, cleaning, etc. was on "their time." I agree about reporting it as a payed benefit though, I don't think I'd do it unless I was forced to. There are some advantages to me with the employee taking the vehicle home as well so I think it's all a wash. Quote:
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#46
03-17-2013, 04:21 PM
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#47
03-17-2013, 04:41 PM
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this reminds me of a situation when.....
I hired a guy at his requested 15 hour. but soon ...I.... felt he needed more so i said from now on its 30 an hour unfortunately, i was too naive to realize that i couldn't afford 30 hr, i only "thought" that i could. later, but soon, I realized that I would have to cut his pay in order for the BUSINESS to remain in the black, until we got more work anyway... but upon explaining, he said "no way, Im worth 30 and hour, so its 30 an hour, or i quit" Looking back, I could not legitimately be mad at him, because he is mere mortal, a simple human. .... I .... was the dumby, and the one at fault. ___ The Moral is: always remember, some man, somewhere, who is a hard-worker with imperfections, is worried his kids wont be able to eat. and he doesn't care if he has to ride 10 miles in the rain on a bicycle to get to where-ever he might find an opportunity.
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#49
03-17-2013, 05:10 PM
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 BTW that was all theoretical, i dont have employee's, or write offs "for an hour of each, but having only one or the other; cutting coupons cost more than work" that quote would be an expensive royalty ______ ultimately , yall are ALL CORRECT! Good night, time to rest up, excited tomorrow is monday!!!! Time to get my diggggg on' !! WHOOOO HOOOOO!!!! * delete this if it makes you feel better  *
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#50
03-17-2013, 06:02 PM
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Why'd you do it Rhett? Posted via Mobile Device
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