IFTA not good for NY?

If you are a one man show, just stay sole proprietor, if you are owner and driver the liability aspect of a corporation. Is nil

 

Some like to go with S corp to save on self employment taxes. But then filing for S corp is a whole different ballgame.

 

I don't think the carnival barker knows a whole lot about trucking period, he's a great salesman though. He has mad sales skills. Why are you an LLC taxed as a sole proprietor? As a single truck o/o, the only advantage to being a Corp or LLC is getting taxed as an s Corp. There is zero liability separation when you're the driver. Anyway have fun learning.

 

As a non s corp LLC your company is a disregarded entity without employees it doesn't really benefit to be an LLC as with any legal action you better believe the opposing party will come after you, your company, and anyone else they can think of.
Good things to figure out before you go do them.
I'm an LLC, as I had grand plans of expansion. Til I got to know more truckers n realized it wasn't likely to make itself worthwhile for my end.

 

It's not going to protect a single thing when you'rethe driver! Whoever told you that didn't know what they were talking about. You'll be personally named in any lawsuit as well as your company. That's why I asked why you did it in the previous post if it wasn't for the s Corp tax advantage