What's better for affiliate marketer - LLC or S Corp

9 replies
I've been researching getting an LLC or S Corp and not sure which way to go. I'm a "one man band" who makes money as both an affiliate marketer and info publisher/marketer. I outsource a lot of tasks but do not have or plan to have employees.

I'm paying more to Uncle Sam as a Sole Proprietor and want to save some tax dollars! What would be better for affiliate marketers like myself, an LLC or S Corp?
#affiliate #corp #llc #marketer
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    • Profile picture of the author BlogBoom
      Originally Posted by lburrell View Post

      S Corp dude
      Why is that lburrell?
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      • Profile picture of the author webpromotions
        Originally Posted by Tim Dog View Post

        Why is that lburrell?
        Because you said you were a "one man band"...

        However, as all of these threads end up, this isn't the kind of thing you should be asking about on a forum.

        I'm not an attorney or a CPA, and I don't play one on TV either.
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  • Profile picture of the author Dustin_M
    You could set up a single member LLC as well, so that you would not have to file a partnership return, but an S corporation works as well. As for me, I am setting up a quick single member LLC because I am more familiar with the kind of formation.
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  • Profile picture of the author BigG95
    S Corp and LLC is similar, big difference is, that you can not have an S Corp, if you are not a US citizen, but you can have an LLC as non US citizen. That is why I went with an LLC and I am a one woman show, too, but non US
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  • Profile picture of the author webpromotions
    An LLC can be easier to set up and maintain than an S-corp, and does have advantages in some areas...but there are some 'tax things' that you can do with an s-corp that you can't with an LLC.
    Again, you really need to consult a professional on this. Only he/she could tell you which is best based on your personal circumstances and needs.
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  • Profile picture of the author BlogBoom
    I appreciate the concern and information. I am going to use an attorney next week but in the meantime I was just hoping to get Warrior feedback on what has worked well for their situation and provided tax relief.
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    • Profile picture of the author Tsnyder
      Originally Posted by Tim Dog View Post

      I appreciate the concern and information. I am going to use an attorney next week but in the meantime I was just hoping to get Warrior feedback on what has worked well for their situation and provided tax relief.
      Tim Dog...

      Unless the attorney specializes in corporate taxation you need
      to start with a CPA. They will be the experts in what type of entity
      will provide you with the best advanatages.

      Then see the attorney to have the entity created properly.

      Tsnyder
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      If you knew what I know you'd be doing what I do...
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  • Profile picture of the author Adaptive
    Tim, either an LLC or a corporation, if properly set up, could provide limited liability and tax advantages. And either one, if used incorrectly, could get you into a big mess. The specific laws and rules vary state by state, so you really need to get that discussion with a local expert. This is a case where free advice really is worth what you pay for it.

    Regards,
    Allen
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