As a consulting business a LLC would offer me some protection.
I am not the most organized person, quarterlies would likely get missed or chronically late.
As stated above my business acumen is lacking. I am good at what I do and the product i produce, It's the management side that gets all loused up.
If I pay myself a small salary then I can avoid the self employment tax from Hell.
This would be at least 3K a year.
Will I become a larger audit risk?
My accountant, who cleans up my messes, advises against it.
I am not sure.
Your thoughts?
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