Forming an S-Corporation can reduce your tax burden. The filing is a bit more complicated and you have to pay yourself payroll, but you would be looking at redu

Forming an S-Corporation can reduce your tax burden. The filing is a bit more complicated and you have to pay yourself payroll, but you would be looking at reducing your tax burden on a portion of your income by about 7%... That is, going from 25% tax rate to 18%. Definitely worth doing.