Assuming you're in the USA: 1. No real tax benefits vs. sole proprietorship. You can deduct the same amount of stuff. In fact, you're taxed in exactly the same

Assuming you're in the USA: 1. No real tax benefits vs. sole proprietorship. You can deduct the same amount of stuff. In fact, you're taxed in exactly the same way as you are today. 2. I formed an LLC after a few years of freelancing, mostly because I didn't want to send my SSN around on W9s via email anymore. 3. Fellow freelancers I know have established S-Corps instead, but unless you're making $100k+, it seems like a lot more work than a single-member LLC.