Is an LLC or an S Corp. better for affiliate marketing?

I wish to begin affiliate marketing for just myself. Would it be better to register as an S Corp. or LLC? This would also apply to purchasing health insurance for myself in my "corporation".

Personal Finance, Insurance
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June 2017
33% of people found this answer helpful

We tell our Tax clients to start with an LLC. Both are passthrough entities. An S-Corp is going to cost you more than its worth right now in filling and Tax prep. Also, if you decide to close you have the nightmare of filling the paperwork with the state. You will still be able to purchase Health Insurance and get the Self employed deduction on your taxes. 

Your CPA can help you further, if you do not have one I would suggest interview a couple that can help you going forward.

 

June 2017
June 2017
June 2017