Transportation, Moving, and Trucking and Forming an LLC

Making a living chasing the sun in an 18-wheeler is not for the faint of heart. Long hours, hazardous driving conditions, crowded roads, bad weather and crazy drivers are all part of the job. However, what many truckers may not realize is the greatest risk they are taking is with their financial future if they are not incorporated. Choosing the best entity for a trucking business can protect individuals, shareholders and/or members from liability. Most of our clients choose an LLC to operate their trucking business.

An LLC does not require some of the typical formalities of a corporation, such as annual meetings of stockholders, or issuance of stock. In addition, LLCs also offer additional tax advantages over a Corporation.

For example: an LLC with only one owner may not have to file a separate tax return and its profit or loss can be included on the owner's tax filing. In contrast, a corporation must file a separate tax return.

Whether you work for a large trucking company or are an independent contractor, the decision to form an LLC offers not only tax benefits but the security of knowing that in the event of an accident, your personal finances won't be attached to any legal disputes. Life is often a bumpy ride; don't make it worse by failing to protect yourself.

MyLLC.com has highly qualified representatives ready to assist you in forming your LLC today! Lets' get started!

Call our professional staff at 888-88-MYLLC (888.886.9552) to get started today!

Form an LLC Now!

Disclaimer: This information is made available by MyLLC.com, Inc. (the "Company"), and is intended for educational purposes only, and it is not legal or tax advice. No action should be taken in reliance on any information in or on this site without verification with legal or tax counsel, after review of the facts and current law, that the action to be taken is appropriate under the circumstance. Except as expressly provided to the contrary in writing by the Company, the materials contained on this site are provided on an "as-is" basis without warranties of any kind, either express or implied. Company disclaims all other warranties, express or implied, including, without limitation, implied warranties of merchantability, fitness for a particular purpose, title and non-infringement as to the information, content and materials on and in the site. Company does not represent or warrant that materials on and in the site are accurate, complete, reliable, current or error-free.

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Article of the month!

Pass-Through Taxation and LLCs