Ok I'll look in to that. So does each company you work for give a 1099 at the end of the year or do you have to just give it to your accountant?
OWN AUTHORITY??
Discussion in 'Ask An Owner Operator' started by Trenton325, Dec 9, 2020.
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Some will, most won’t. Just report what you billed and were paid to your accountant.86scotty and Trenton325 Thank this.
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Thank you I am already learning a lot about paperwork permits. I was fortunate I already had my tags and ifta I am also an LLC so these little things have helped thank you
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i actually use a factoring company. loves will give you a print out of all the loads they bought from your company only the people that i direct bill send those to me. iusually just pr
int it from the software and its all there -
i have a hotspot,laptop and printer in my truck and i bill right from thereShanebklyn Thanks this.
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can you factor through loves and still do other loads? I was reading some factoring companies you could only do loads through there approved brokers heard they try to lock you into a contract and it's a pain to get out of.
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Yes you can haul for whomever you want but they have to meet the factoring company credit requirement. you can send a letter if release to anybody as long as they have paid the factornig company they will release tat client but you cant factor anymore of there load. i dont factor jerue,landstar and a couple other brokers because the percentage is low
i have a printer in my truck so i do all my billing right from the cab of my truck -
Join. ooida.
They are a great organization that will help you in more ways than I can list.
They can also do your Authority for you. -
Thanks I'll check them out
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I know I’m late i was a company man for 21 years same company when COVID hit it changed me I got my own authority truck paid for trailer paid for a no factoring I love it go where I wanna go not attached to no one I wouldn’t change it for nothing the freedom is everything and I don’t use a dispatcher my wife handles it well kids are grown we out here rolling the key is to work less and make more money we don’t run hard either
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
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