Many contact investigators were required over the last few years by their vendors (CACI, Keypoint, etc) to incorporate. I was one of them. It was a pain and cost me a few hundred dollars to incorporate as Redacted Company LLC. (That should have really been the corporate name I used!)
The vendor I work for issues a 1099-MISC to my LLC, not me by name. Really didn’t change much other than making my taxes more complicated.
HOWEVER: sole-proprietor LLCs are eligible for the latest pot of PPP money. I have not been paid yet but I know other sole proprietor LLC guys who have. My bank said my application looks good and will submit it today.
This is not a scam or an encouragement to cut corners. This is entirely legal and within the intent of the PPP. And certainly consult with your banker, tax professional, etc.
Maybe many of you already knew this - I did not until a few days ago. I am optimistic that the cash comes through – it will be a big help. ICs who are incorporated as LLCs should definitely check into this. Good luck.