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Keep Freelancing (jdbentley.com)
2 points by jdbentley on Nov 14, 2013 | hide | past | favorite | 1 comment


There comes a point where the tax advantages of forming a company outweigh doing a sole proprietorship. Based on my circumstances, my accountant informed me that that number was less than 100k of taxable income. Certainly this is in the range of a reasonable freelance salary in my area (because it's in the range of a reasonable developer salary).

Dissolving your LLC and going to a sole proprietorship could end up costing you a lot of money and doing so without consulting an accountant would be foolish.

...and that's not even talking about liability issues (which your LLC may or may not protect you against), so it's best to talk to a lawyer too. Both will pay for themselves.




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