https://ttlc.intuit.com/community/self-employed-group/discussion/book-publishing/01/2368147#M3305 <P>Is it more tax advantages to create an LLC to receive the royalties and pay myself as an employee? Also from expenses perspective?</P> Wed, 27 Oct 2021 16:28:08 GMT ifdj 2021-10-27T16:28:08Z https://ttlc.intuit.com/community/self-employed-group/discussion/book-publishing/01/2368147#M3305 <P>Is it more tax advantages to create an LLC to receive the royalties and pay myself as an employee? Also from expenses perspective?</P> Wed, 27 Oct 2021 16:28:08 GMT https://ttlc.intuit.com/community/self-employed-group/discussion/book-publishing/01/2368147#M3305 ifdj 2021-10-27T16:28:08Z https://ttlc.intuit.com/community/self-employed-group/discussion/re-book-publishing/01/2368310#M3306 <P>It all depends on many factors. So to be sure, it is best to understand how the IRS treats an LLC, then you can decide which will be best for your situation. Please see the link to the IRS site for LLC:&nbsp;</P> <P><A href="https://www.irs.gov/businesses/small-businesses-self-employed/single-member-limited-liability-companies" target="_self">https://www.irs.gov/businesses/small-businesses-self-employed/single-member-limited-liability-companies</A>&nbsp;</P> Wed, 27 Oct 2021 17:13:06 GMT https://ttlc.intuit.com/community/self-employed-group/discussion/re-book-publishing/01/2368310#M3306 OpeA1 2021-10-27T17:13:06Z