3 ms·

When you want to draw the profits as salary you'd be taxed on it anyway?

• ihsw 11y ago
  He can do things with it before giving himself a salary, things that can be taxed less.
  • ryanwaggoner 11y ago
    Not really. I'm not aware of any deductions that he could take as an S-Corp that he couldn't take as sole proprietor or LLC.
  • Scirra_Tom 11y ago
    Such as?
    • defen 11y ago
      Pay people to create art / music / assets for his next game?
      • Scirra_Tom 11y ago
        Are you not allowed to subcontract services and deduct as an expense as a sole trader?
        • defen 11y ago
          I'm not at all an expert on this subject, but if you pay income taxes on your 2015 income, that's less money you have to spend on expenses in 2016. If it stayed in the corporation you might not take as big of a hit.
• deleted 11y ago
  [deleted]