Depending on your entity type, you’re subject to both income tax and self-employment tax. There may be a way to cut your tax bill by using an S corporation.
Using an S Corporation may Reduce your Taxes
![](https://www.landmarkcpas.com/wp-content/uploads/2022/12/S-Corporation-May-Reduce-Taxes-RS-1024x640.jpg)
Depending on your entity type, you’re subject to both income tax and self-employment tax. There may be a way to cut your tax bill by using an S corporation.