[Eccl 10:2]

LLC?

S Corp?

DBA?

[woodbutcher1963]

You really should be speaking to a CPA in NC.

My wife has her business set up as a Sole Proprietor. Her income and tax deductions get added onto mine. We use it lower my W2 taxable income with write offs.

[Sacajaweau]

DBA...I did it for years.

[conservative98]

Sole prop. For now. If it gets bigger deal with it later.

[gubamyster]

There is zero tax advantage for a LLC over a sole proprietorship. A Single Member LLC is a disregarded entity for IRS tax purposes & you would still file a Schedule C. The LLC is subject to self-employment tax, same as a Schedule C.

The S-Corp would help you bypass some of the self-employment tax, but you would need to do payroll, or hire a payroll company.

It depends on your Gross Income & Expenses and how much Profit you expect to make whether it is worthwhile to set up an entity. Also, how long do you plan on doing this? If only a for a year or two, then it might not be worth it.