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A comment on Ask HN: Sole proprietorship vs. LLC?.

Re:Ask HN: Sole proprietorship vs. LLC? by kls on Monday September 20, 2010 @08:55AM (#1708597)
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
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Re:Ask HN: Sole proprietorship vs. LLC? by mbet10 on Monday September 20, 2010 @09:38AM (#1708728)
What are the benefits of an S-Corp over an LLC when it comes to freelancing and a side business?
[ Parent | on HN ]
Re:Ask HN: Sole proprietorship vs. LLC? by kls on Monday September 20, 2010 @09:52AM (#1708779)
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.
[ Parent | on HN ]