Best entity for tax benifits as a single person with low business income
Hi, I would like to form US business entity from India. I already had a discussions with companies like doola and incfile for this. But I'm unable decide the best entity type for me. Here is my situation: I need US business entity and business bank account for the purpose of Google AdSense and also for Affiliate marketing payments. I will be the sole owner of the business. Infact I do not even take any amount as salary because the income from this business would be very low initially and it the income will not be a constant income. I might get $500 in one month $100 in another month or it could be $5000 in another month. So it is extremely fluctuate from time to time. So I do not take any salary from this and I do not employ anyone. i will handle all the things and take the profit at the end of the year. But every month I will take some amount as a freelancer. So whatever amount is left at the end of the month after all other business expenses, I will take that as the freelancer amount and I will show this as a business expense at the end of the year for tax filling. So, basically, there would not be any amount left to distribute to me as a profit. Because I'm taking all the remaining amount after deducting business expenses as a freelancer amount. so there won't be any amount left to distribute. So, I'm thinking S-corp for this. But my question is that there is a "reasonable salary" condition in this entity. Does this apply to my situation? Thank you,
