If you’re thinking of becoming a freelance medical writer (or freelance “anything”!), you’ll have to decide on your business structure. These articles here and here provide good, basic descriptions of the different legal entities, and their pros and cons, that don’t make your eyes glaze over.
Deciding on a Business Structure
In addition to your net income, many factors will come into play in making this decision, such as the state you live in. Speak with your CPA or business attorney about what option makes most sense for you right now – there’s no single option that will work well for all freelancers. So it makes sense to seek professional advice about this, so you feel comfortable with whatever decision you eventually make.
If you don’t already have a CPA or business attorney, it’s worth booking an appointment with one in your area, in order to get some good advice about your particular situation.