#20 Driver Inc Isn’t The Problem
What is Driver Inc?
The Driver Inc model is a system where a truck driver who does not own/lease their own truck becomes incorporated and sells their driving services to a carrier which allows the driver to opt out of paying certain taxes like CPP and EI.
Some argue that this model is illegal, while others call it a tax scheme.
Trucking Associations and Carriers are banding together to get this model shut down, stating that the Driver Inc model is causing financial harm.
In this video Robert talks about a very unpopular opinion that indicates some of these carriers may be causing financial harm to themselves through choices they make in their companies that have very little to do with the Driver Inc model.
Comment your thoughts or send us an email and don’t forget to like/share/subscribe!
ABOUT US:
To date, Making Your Miles Count has saved Canadian Truck Drivers $67,000,000.00 in taxes.
Our services include;
-Full service accounting: (monthly GST, source deductions etc.)
-Truckers only income tax preparation: (personal T1 and corporate T2)
-Truckers comprehensive tax planning
-Government communication and audit assistance
-Trucking company contract consulting and mediation
-Comprehensive administrative consulting to lease/owner operators
Follow the link below to request more information about our services.
Leave a Reply