Gents, I've been consulting for the last three years and have a potential opportunity to start consulting independently. Right now I'm looking at setting up an LLC with myself as the sole employee, and I am setting up some time with our tax attorney to take a look at some of the tax implications of going down this road. What I'm not sure about is how transitioning into this arena should play out or what sort of 'gotchas' there are to watch out for, and I thought this would be the perfect opportunity to get some insight from those who have done this before. Any help is appreciated. Cheers!