Sole proprietor LLC instead of s corp

I'm planning on starting medical practice, I will be the sole Dr., most of my colleagues have S corporations, is that any harm in starting off sole proprietor LLC instead of s corp to minimize the headaches and complicating my tax life ? any downsides ?

posted

Please see a comparison completed by legal zoom. You are correct in that LLC's are easier to manage. However, there are more tax benefits to the S-corp, such as saving on self-employment taxes.

https://www.legalzoom.com/articles/s-corp-vs-llc

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"