Establishing an independent commercial trucking enterprise has its challenges, but obtaining Authority to launch operations and begin hauling freight as soon as possible shouldn’t be, that is if you follow the “route” and make the following waypoints:
Note: Several factors may weigh on which business entity to establish, but an LLC provides key liability protections and provides an Employee Identification Number (EIN). With an EIN, the trucking entrepreneur uses it to establish authority rather than his or her personal Social Security Number.
IFTA Fuel Tax Reporting is required for any vehicle crossing state lines with GVW/GVWR over 26,001 lbs.
The IFTA agreement states that Authority holders pay the taxes the state charges at the pump on any mileage run in that state even if fuel was not purchased there
Under IFTA, you are issued a license and one set of IFTA decals per truck, which allows operations in all other IFTA jurisdictions without requiring additional decals from those jurisdictions
*Start to finish this entire process takes approximately 21 business days to complete