There are more allowable write offs with a corp. That said, if you are starting out you can avoid a large part of the self employment taxt through and S corp by taking most earnings out as capital gains. THis saves about 15% ont he tax bill [addsig]
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There are more allowable write offs with a corp. That said, if you are starting out you can avoid a large part of the self employment taxt through and S corp by taking most earnings out as capital gains. THis saves about 15% ont he tax bill
[addsig]