Save on taxes with S corp?

[eeburns]

Is it best to create a S corp as a self-employed individual?  I understand that you're taxed on less than filing as a sole-proprietor?

[Critter-3]

Before you do anything you need to get educated on all the rules of filing an S-Corp return which will require you to file quarterly/annual payroll tax reports along with a separate tax return.  

Before you do anything get educated on the possibilities  ... possibly consult a local professional.

https://www.irs.gov/businesses/small-businesses-self-employed/starting-a-business

Here is some more info that you can review regarding entity choices: Beginner's Tax Guide for the Self-Employed