If I am going to be signing with a company as an o/o do I still need an EIN, DOT# and Forming an LLC? I will be owning my equipment but they find the loads.
Signing with a company as a startup?
Discussion in 'Ask An Owner Operator' started by 13'trucker, Apr 3, 2020.
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You will need an EIN to file and pay the HVUT ($550). No DOT number needed if running under other company's authority. As far as the LLC that you should be discussing with a CPA and let him show you the best way to set up your business.
rachi and 13'trucker Thank this. -
U should think twice about becoming a o o
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Everyone always says it’s a bad time to become a o o so when is it a good time?lsnook24 and 13'trucker Thank this. -
Not now,, u not trying to b a smart ##* but if you are asking questions like this u have not done your homework or have enough experience, #1 how much is the company paying what r u hauling, ins, your own or theirs,escrow, get theirs and have your own, can u make better money else where, I make 90% use their numbers, their ins plus mine, for PC or when I'm not dispatched, what's the fuel surcharge, maintenance, taxes, 2290, hut, r u filing quarterly, u should u have enough money to maintain yourself, plus economically speaking rates have dropped, the country is hurting what else
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magoo68 Thanks this.
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clausland Thanks this.
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D.Tibbitt Thanks this.
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Right now cash is king . So if you have cash keep it until the world knows where it’s going..
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Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
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