For Consulting businesses, the choice between a S-Corp and a Sole Proprietorship depends on your specific tax situation, growth plans, and industry requirements. This guide compares both options with Consulting-specific considerations.
For most Consulting businesses, an LLC offers the best starting point. As your business grows, you may want to consider converting to an S-Corp or C-Corp for tax optimization.
Start your formation with Lovie — $20/month, everything included.