EIN FOR TEAM DRIVERS

my hubby and brother are looking into working for a small company that run under 1099, i read it's best they get an EIN number, should they each get separate or joint ein number, and can they go ahead and create a company name for the ein number? what is the right way to go about? they are planing to be owner operators one day..any advice will be appreciated, Thanks in advance.

 

ok will look into that, thank you.

 

They just finished one year with a large company but are not happy so they quit. After looking around for large companies nothing came close to what they were payed previously, looks like they have to start like they just got out of cdl class. They got an offer from a company which runs under 1099 and will be payed 45% per load as they said. We are just on a saving mode right now lol, they are really hard workers and I know once they get their own truck things will change. thanks though for your reply

 

yap i checked and yes its ein per person, thank you sir.

 

lol..i understand they should put money aside for taxes, we still searching for a good small company in Tn that'll pay with W2.