Sole proprietor, LLC, S corp, or partnership — what each means for taxes, liability, and paperwork.
In plain terms: This guide explains the differences between business structures like sole proprietorships, LLCs, and corporations. You can compare how each option affects your taxes, personal liability, and paperwork before you register your business.
Why I recommend it: Read this before paying a service to form an entity for you. Many owners need less than they are sold.
Forming an LLC or S-Corp for Your Tech Business or Consulting Practice
A step-by-step guide to forming an LLC (name search, registered agent, state filing, operating agreement, free EIN, business banking) and electing S-corp tax status, with filing fees and direct portal links for NY, NJ, GA, and CA, plus a section on 1099 contractor and consulting taxes.
In plain terms: This guide explains how to set up an LLC or elect S-corp tax status for freelance and consulting work. You can use it to register your business, get a free tax ID, and understand your self-employment taxes.
Why I recommend it: Most consultants should start as a plain LLC and only add the S-corp election once net profit is consistently past roughly $50-80K. Get the free EIN yourself — never pay for it.
