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Re:Uber, Lyft Drivers Earning a Median Profit of $3.37 per H... by pure on Friday March 02, 2018 @12:34PM (#16503729)
I don't know why you're getting downvoted. The single member S-Corp is a very common setup for individual freelancers/consultants precisely for this reason. FICA taxes aren't paid on distributions.

To do this, the single member has to pay themselves a "reasonable salary", but there aren't strict guidelines on this. It's a gray area, and some people push it (and lose), but it's a very common setup.

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