Should I Form An LLC For Consulting Work?
Forming an LLC for consulting work can protect personal assets, add credibility, and offer tax flexibility, but it also brings fees, paperwork, and limits on liability that insurance may still need to cover. It tends to make sense once your consulting income is steady and your client contracts expose you to meaningful business risk. For very small or experimental side projects, a sole proprietorship with strong professional liability coverage may be simpler and cheaper.