How do I structure my LLC?

File LLC articles of organization with your state secretary of state, write an operating agreement (even solo), get an EIN, open a business bank account, and elect S-corp tax treatment only after net profit reliably exceeds the IRS reasonable-salary threshold. A CPA should run the math.

How do I file food truck taxes?

File federal income tax (Schedule C if LLC single-member, Form 1120-S if S-corp), quarterly estimated tax payments, state income tax where applicable, state sales tax monthly or quarterly, and federal payroll tax (Form 941) if you have employees. A CPA is cheaper than IRS penalties.

Should I use a CPA from year one?

Yes. A CPA familiar with food service costs $1,500-$4,000/year for a small operation and saves multiples of that in correctly filed payroll taxes, sales tax, entity choice, depreciation, and audit defense. DIY is realistic only if you already have small-business tax experience.

How do I get a food truck loan?

Options include SBA 7(a) loans (best rates, longest underwriting), SBA microloans (up to $50,000), traditional bank business loans, equipment financing for the truck itself, and specialty lenders. Strong personal credit, a clean business plan, and 10-30% cash down typically win approval.

Flavor Fleets

Most food trucks operate as a single-member LLC because it gives liability protection without corporate complexity. File articles of organization with your state secretary of state — fees $50-$500 depending on state. Name a registered agent. Write an operating agreement even if solo. Get an EIN at irs.gov. Open a dedicated business checking account and never co-mingle funds — co-mingling is the fastest way to lose liability protection in a lawsuit. By default a single-member LLC is taxed as a sole proprietor (Schedule C). Once net profit reliably clears the IRS reasonable-salary threshold (typically $40,000-$60,000), an S-corp election (Form 2553) can reduce self-employment tax. Do not elect S-corp prematurely; payroll cost and CPA fees can eat the savings. A licensed CPA or attorney in your state should review your specific situation.