Kimberly Smith, a friend of yours, is a freelance journalist. She writes articles on business topics and sells them to business periodicals, newspapers, and online sites. Kimberley just read an article about the advantages of organizing as a subchapter S corporation or an LLC but doesn’t know if the article applies to her. She’s currently organized as a sole proprietorship, and doesn’t know if it’s appropriate or advisable for a freelance journalist to set up a subchapter S corporation or an LLC. Kimberly has turned to you for advice. What would you tell her?