Converting to S Corp ???????

Why specifically are you interested in an S Corp?

 

Legit would end up with a new DOT#. Or just ignore the FMCSA like many do.

 

LLC

 

make an LLC lease the truck from yourself

 

I think a simple name change with Fmcsa/ DOT, keeping #s the same, would work. Ownerships the same. That’s just my idea, don’t know for sure.

 

Different TIN#, different DOT#.

 

I'd ask why that rec as opposed to an LLC which is much simpler and less costly.

 

You dont have to convert your business to an s corp,you need to file a form with the irs to be treated as one while keeping your current structure.
This is only beneficial tax wise and it wont offer any protection from liabilty.
Come tax time you will have to file two taxes one for the s corp due march 15th and one for personal income due april 15th.
You can get paid with w2 and get distribution from the s corp at the end of the year.