Mfar1234 wrote:
Ok, as dangerous as it is that i may get my head bitten off I gotta ask.
"If they have been breaking the law since 2009 or so - and it has reached several million dollars." Would it make sense to say that "maybe they are not breaking the law?"
I think you may be right on that. Having had experience with being a 1099 sub (in another line of work), I don't see any problem with this being legal. I think it helps if you look at the job as being more of a "piecework" or salary type job instead of as an hourly one.
On the subject of getting a massive tax bill from the IRS? They can't tax you for money you didn't make. However, if you do get a cash settlement for lost wages (not very likely IMO), they are entitled. I would treat that as icing on the cake and give the guv their cut and let it go.
And if you can't find enough write-offs for that 1099 to make it look like you are just breaking even, then you and your tax person aren't trying hard enough.
And i may be stating the obvious, but here's one more thought: You have to consider the use of a generator, water and septic as part of your wage package. When you do that, I think the total package comes more into line with what would normally be expected. AT 70-100 a day for a FHU pull-through spot in most places, I would say that free water electric and sewer plus 125-175/day is a pretty nice deal. Not as nice as the company getting 450-500/day for putting a guard out there, but they have to make their money too, and without them you wouldn't be on the gate, and even if you were, you would have to provide your own amenities. Leasing a gen and a honey wagon ain't cheap, and it probably takes a long time to make the contacts to line a job like this up, so I figure its a wash.
All things considered, I wouldn't mind dropping what I do now and doing a little GG'ing for maybe 10 months a year. Sounds like easy money and I don't have to commute thousands of miles like I do now.
