OWN AUTHORITY??

Discussion in 'Ask An Owner Operator' started by Trenton325, Dec 9, 2020.

  1. Trenton325

    Trenton325 Light Load Member

    102
    153
    Feb 7, 2019
    0
    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?
     
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  3. Oscar the KW

    Oscar the KW Going Tarpless

    12,246
    28,116
    May 19, 2011
    0
    Some will, most won’t. Just report what you billed and were paid to your accountant.
     
    86scotty and Trenton325 Thank this.
  4. Trenton325

    Trenton325 Light Load Member

    102
    153
    Feb 7, 2019
    0
    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
     
  5. jbgrim72

    jbgrim72 Bobtail Member

    28
    8
    Apr 18, 2017
    0
    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
     
  6. jbgrim72

    jbgrim72 Bobtail Member

    28
    8
    Apr 18, 2017
    0
    i have a hotspot,laptop and printer in my truck and i bill right from there
     
    Shanebklyn Thanks this.
  7. Trenton325

    Trenton325 Light Load Member

    102
    153
    Feb 7, 2019
    0
    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.
     
  8. jbgrim72

    jbgrim72 Bobtail Member

    28
    8
    Apr 18, 2017
    0
    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
     
  9. Dino soar

    Dino soar Road Train Member

    4,791
    26,878
    Dec 8, 2017
    0
    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.
     
  10. Trenton325

    Trenton325 Light Load Member

    102
    153
    Feb 7, 2019
    0
    Thanks I'll check them out
     
  11. Shanebklyn

    Shanebklyn Bobtail Member

    30
    40
    Mar 8, 2019
    Brooklyn
    0
    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
     
    clausland, JoeyJunk and danny23tx Thank this.
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.