Business Formation
LLC vs. S-Corp: Which is Right for Your Business?
You’ve started seeing real money hit your account, and now everyone is telling you to "get an LLC." But then someone mentions an S-Corp, and suddenly it feels like you're back in a math class you never signed up for. Understanding these differences can save you thousands in self-employment taxes.
The Breakdown
The LLC (The Shield)
An LLC (Limited Liability Company) is your foundation. It separates your personal assets (your car, your savings) from your business liabilities. It’s the "Privacy Shield" that keeps your name off public records when set up correctly.
The S-Corp (The Tax Hack)
An S-Corp isn't a different type of company; it’s a tax status you "elect" for your LLC. Once you're making over a certain threshold, an S-Corp allows you to pay yourself a "reasonable salary" and take the rest as a distribution, which isn't subject to self-employment tax.
Which one do you need?
At Keepify, we usually help creators start with an LLC to secure their privacy and protection. As your revenue climbs into the higher tiers—like our $21k–$50k/month bracket—we often look at an S-Corp election to maximize your take-home pay.
The Best Part
We handle the labor for LLC Formation and S-Corp Elections for FREE if you stay with us for 180 days.
Start Your LLC TodaySelling on OnlyFans specifically? Our LLC & taxes guide for OnlyFans creators covers privacy, the Fenix Internet 1099, and write-offs in detail. Or see how we help every kind of creator on our creator business hub.