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For most freelancers an S-Corp is the best option as it allows you to duck some FICA taxes on a portion of your income. This is under the assumptions that you a

by kls 16y ago

For most freelancers an S-Corp is the best option as it allows you to duck some FICA taxes on a portion of your income. This is under the assumptions that you are in the US and are a US citizen

mbet10 16y ago
What are the benefits of an S-Corp over an LLC when it comes to freelancing and a side business?
- kls 16y ago
  If you have no revenue none, if you have revenue you get to keep 8% of a significant portion of it, instead of giving it to the government.