I have conflicting opinions on whether to do a business startup when I buy my truck. I will be running for the company I now drive for. Some O/O tell me they didn't actually start a business when they went O/O. Some tell me they did. I don't see any advantage to go O/O without starting your own business. What is the norm here? advantages, disadvantages? Looks like LLC is the best way to go although it costs a little more in my state than a sole propriotorship. All thoughts appreciated.

It depends on alot of factors.

Each one has different tax liabilities and such.

Do your due diligence as to which suit your best needs.

Ask your CPA before deciding which type of corp or LLC you go with. That can make a difference at tax time.

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When you Own your own truck and driving it for a Living, it is a Business. You need to run it as a Business. Rather you get a LLC or what ever is another story.

Thanks for the replies. I am going to go LLC.

Hey, I should have included this info in my last post, but forgot it. For all you wanna-be O/Os out there,(me included), keeping business records is sometimes a big mystery. Programs like Quicken Quickbooks are very expensive. I accidently stumbled onto a website that you may be able to use. I am using it and so far I like it. Go to the website below. You will have to register for an MSN passport and they have a downloadable records keeping and accounting program that is free. Check it out.
https://login.live.com/ppsecure/secure.srf?lc=1033&id=42814&ru=https%3a%2f%2fprofi le.microsoft.com%3a443%2fRegSysProfileCenter%2fwiz ard.aspx%3fwizid%3d957047eb-4814-4532-aea0-12bfc0558b04%26lcid%3d1033%26wp%3dMCMBI%26fu%3d%25 2fSMALLBUSINESS%252fstartup-toolkit%252fdefault.aspx&tw=1800&fs=1&kv=4&ct=1178 796267&cb=LCID%3d1033%26WizID%3d957047eb-4814-4532-aea0-12bfc0558b04%26ReturnURL%3dhttps%253a%252f%252fpro file.microsoft.com%253a443%252fRegSysProfileCenter %252fwizard.aspx%253fwizid%253d957047eb-4814-4532-aea0-12bfc0558b04%2526lcid%253d1033%2526wp%253dMCMBI%25 26fu%253d%25252fSMALLBUSINESS%25252fstartup-toolkit%25252fdefault.aspx&ems=1&seclog=10&ver=2.1 .6000.1&rn=hsT7*zDo&tpf=6faac5a708518a5a17e617a6eb 2a2fb3
I know this is a long url, but it is the one I saved in favorites. Cut and paste, or you may be able to get there just by going to the msn website. Hope this helps.