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Start a rideshare LLC

Set up your rideshare LLC.Keep more of what you earn.

Our office forms an LLC for rideshare and delivery drivers in any state, gets your EIN, tracks your mileage and expenses, files your taxes, and our agency quotes rideshare auto coverage.

Start my rideshare LLCGet an insurance quote

Reviewed by Orkun Ozkaymak, CPA, MBAClients in all 50 states and abroad

$500company setup, EIN included
50 + DCstates we form companies in
1 officeformation, taxes and insurance
2011preparing taxes since
Step by step

How to set up a rideshare LLC

  1. 1

    Form your LLC and get an EIN

    Our office forms your LLC in the state where you live and drive and gets your EIN, so your business has its own name and tax number for banking and taxes.

  2. 2

    Open a business bank account

    Have your app payouts sent to an account in the LLC name. Pay fuel, phone and car costs from it so your records stay clean.

  3. 3

    Add rideshare coverage

    A personal auto policy may not cover you while the app is on. Our agency quotes a rideshare endorsement or policy that fills that gap.

  4. 4

    Track mileage and expenses

    Log business miles from the app and a mileage tracker. Our office records your income and expenses in QuickBooks Online each month.

  5. 5

    Pay quarterly taxes and file yearly

    Our office estimates your quarterly federal and state payments and files your yearly returns, including self-employment tax and every deduction you qualify for.

Insurance from the same office

Coverage in place on day one.Quoted by our agency.

Check the coverage you want on the request form and our insurance team sends quotes from multiple carriers. Nothing is bound without your OK.

Start my rideshare LLCGet a quote only
  • Rideshare endorsement
  • Commercial auto
After you open

The filings that come every year.

Our office keeps these on your calendar so nothing is missed. How we work with rideshare and delivery drivers →

Estimated tax payments

Apr 15 · Jun 15 · Sep 15 · Jan 15. Federal and Illinois quarterly estimates.

App tax forms arrive

Late January. Forms 1099-K and 1099-NEC from each platform.

Form 1040 with Schedule C

April 15. Your personal return with driving income and deductions.

Questions

What new owners ask us.

Something else on your mind? Call 773-536-9272 and our office will help, in English or Turkish.

Do rideshare drivers need an LLC?
An LLC is optional, but it separates your driving business from your personal life and gives you a business name and EIN of its own. It also makes bookkeeping and tax filing cleaner. Our office forms the LLC, gets the EIN and keeps your records ready for tax time.
What can rideshare drivers deduct?
Most drivers deduct business miles at the IRS standard mileage rate, or actual car costs instead. You may also deduct phone costs, app fees, tolls, parking, car washes and supplies used for the business. Our office reviews your records and picks the method that lowers your tax.
Do I need to pay quarterly estimated taxes?
Usually yes. Apps do not withhold income tax, so most drivers pay federal estimates in April, June, September and January, and most states with an income tax expect estimates too. Paying on time helps you avoid underpayment penalties. Our office calculates each payment based on your actual earnings.
Does my personal car insurance cover rideshare driving?
Often not while the app is on and you are waiting for a ride or delivery. The app company coverage applies mainly once a trip is accepted. A rideshare endorsement fills the gap, often for a modest cost. Our agency quotes it with your personal auto policy.

Ready to start your rideshare LLC?

Answer a few questions, see your estimate and send it to our office.

Start my rideshare LLC773-536-9272