As a graduating resident I am working on getting all my ducks in a row for post residency life. I previously posted a post residency planning plan/guide with the help of others input https://www.whitecoatinvestor.com/forums/topic/post-residenct-planning/.
My question now is someone had mentioned a SMLLC vs S-Corp; which do I want and what exactly are the benefits I would expect to see by establishing one or the other vs none at all. Income wise I expect to have a 350-400k IC 1099 job as my sole source of income.
And now that we have picked either of these as the preferred option can anyone provide a step by step guide as how best to set this up and if I am moving in 2 months should I wait to establish once at my new state of residence (where my attending job will be paying me).
Thanks Again
My question now is someone had mentioned a SMLLC vs S-Corp; which do I want and what exactly are the benefits I would expect to see by establishing one or the other vs none at all. Income wise I expect to have a 350-400k IC 1099 job as my sole source of income.
And now that we have picked either of these as the preferred option can anyone provide a step by step guide as how best to set this up and if I am moving in 2 months should I wait to establish once at my new state of residence (where my attending job will be paying me).
Thanks Again
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