Independent drivers are 1099 contractors working for themselves. At Blue Bloodhound, you work as a 1099 independent driver as much as you want to. This chart highlights the difference between the two ways of working.
Top 3 Advantages of Being an Independent Truck Driver
Drive on a Moment's Notice AnywhereYou won’t have to fill out an application and waiting for the long and tedious credentialing process to work for a new carrier. Your independent status is a huge advantage since you can respond instantly to any client’s request.
Manage Your Own ScheduleFrom type of work, location and hours, Blue Bloodhound gives you choices.
Tax DeductionsYou can write off many of your expenses and pay fewer taxes.
Differences between Employees and Independent Drivers
|Usually drives for only one employer.||Usually drives for more than one company.|
|Works the hours set by the employer.||Sets his or her own hours.|
|Usually is based at the employer’s place of business.||Based out of own office or home.|
|Often receives employment benefits, such as health and disability insurance.||Does not receive employment benefits from the companies they drive for.|
|Works under the control and direction of the employer.||Works relatively independently.|
|Tends not to incur costs or make investments in the work.||Incurs the costs associated with performing the job.|
|Receives net salary after employer has withheld income tax, Social Security and Medicare tax under the Federal Insurance Contributions Act (FICA).||Is not subject to tax or FICA withholding, but pays his or her own self-employment tax.|
|Will likely be eligible to receive unemployment compensation after layoff or termination.||Is not eligible for unemployment compensation benefits.|
|Will receive worker's compensation benefits for any workplace injury.||Is not eligible for worker's compensation benefits.|
|Generally (unless employment is "at will") can be terminated by the employer only for good cause and with notice.||Generally (unless the contract is for a specified term) can be let go by the employer for any reason, at any time.|
|Is covered by federal and state wage and hour laws such as minimum wage and overtime rules.||Is paid according to the terms of the contract, and does not receive additional compensation for overtime hours worked.|
|Has the protection of workplace safety and employment anti-discrimination laws.||Usually is not protected by employment anti-discrimination and workplace safety laws.|
|May be entitled to join or form a union.||Is not entitled to join or form a union.|
Tax Preparation for Independent Contractor Truck Drivers
Blue Bloodhound offers you an independent professional tax advisor available to you for free consultations regarding setting yourself up as a 1099 contractor. Watch this video for more information.See How It Works
We encourage you to use the IRS website for explanations and instructions on operating as a 1099 independent contractor.