S-corp be better for your tax purposes being only employee

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If you are opening your own business that you seemingly will keep small, how would you look at the fact that an LLC is not an indefinite thing? As for your taxes, with an S-Corp you can file taxes as self-employed but if you are taking the tax cut with an LLC by offering yourself a salary, that would leave you earnings after payment of the salary may be able to considered unearned income that is not subject to self-employment taxes. Would the S-Corp be better for your tax purposes being the only employee?

Reference no: EM133329805

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