u/Ar0dAthl3ticTrainer

Hello so I currently work and live in Texas as a full time employee making $74,000 annually. I was given an opportunity to work out of state as a contractor and make minimum $124,000 annually. I understand there are more taxes to consider including self employment tax and state income tax (Ohio). However, I thought about forming a S-corp for the tax advantages and wanted to get some advice as to when does forming a s-corp make sense and can I deduct certain business expenses while working in Ohio but living in Texas?

All advice is welcome. Thanks in advance!