Trucking company revealed their grossed income for 2021 || Otr capital factoring company.

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[@Abhaybhopala]

International prostar miles per gallon

[@bosslifeyourtrucker9622]

600k

[@Abhaybhopala]

@@bosslifeyourtrucker9622 miles per gallon

[@bosslifeyourtrucker9622]

7 miles per gallon

[@ppgk92]

So do you do llc on sole propership or scorp? What is the best if you want to pay less tax. My advice said to do s-corp but I will need to pay tax for small business and my own pay . I created an llc, now I need to choose which kind of LLC, sadly my tax advisor is not of a Great help, still looking online to find much answers after all that I am spending on them.

[@412hwc]

whays factoring?

[@bosslifeyourtrucker9622]

An financial institution that buy your bills, pays you and then takes a percentage out of it.

[@412hwc]

@@bosslifeyourtrucker9622 do you have to use factoring? is that tha thing so u can get paid faster because dont companies have like 90 days to pay your or something?

[@TheTruthseeker707]

@@412hwc Yes it’s to get paid faster