LLC vs. S Corp

What’s Better for Your Solo Business?

When you make a living working for yourself, the right tax structure can save you thousands of dollars every year. We’ll break down how–and how Lettuce makes it easy.

Get a Savings Estimate

What it is

LLC

A legal structure that protects your assets

S Corp

A tax election for an LLC that lowers your self employment taxes

Tax Savings

LLC

None

S Corp

~$10,000 in savings if you make $100k

Best for

LLC

Lower income or side hustles

S Corp

Solo owners earning $70K+

How you pay yourself

LLC

Keep what you earn, and it’s all taxed the same

S Corp

Pay yourself a salary and also collect profits as an owner for tax savings, handled by Lettuce

Setup & Paperwork

LLC

Simple

S Corp

More complicated, but easy when handled by Lettuce

How much could you be saving?

If you’re a high-earning professional–like a consultant, marketer, designer, or engineer–you’ll hit a point where you’re over-burdened with self-employment tax. An S Corp with Lettuce can help you keep more of what you earn. Here’s some estimated savings, though it varies state-by-state.

How do S Corps work?

With an S Corp, you’re both owner and employee of your company.

You pay yourself a salary as an employee and also collect profits as an owner, which aren’t subject to self-employment tax. This saves you thousands every year.

Complete S Corp management

Auto-pay your taxes

Maximize your deductions, like vehicle and travel expenses

Pay contractors, vendors, and invoice clients

Plan for retirement with a Solo 401k

Free annual business tax preparation

"Having one solution that automates all my bookkeeping and accounting gives me a new sense of confidence and saves me so much time."

Lisa Dini, Marketing Consultant

"I feel at ease knowing that Lettuce is taking care of all the hard legal and accounting work I didn't have time to dig into or understand."

Sam Faillace, Business Owner

“With Lettuce, I’m keeping more of every dollar I earn. The ROI speaks for itself.”

Brenden Grace, Fractional CTO

Lettuce Handles the Switch. You Get the Savings.

If you’re a consultant or freelancer with serious income, you shouldn’t be spending hours figuring out taxes and payroll. Lettuce takes care of it all:

Paperwork-free S Corp election, at no cost

Auto-run your payroll and auto-pay your taxes

Automate your bookkeeping and accounting

All for one flat monthly fee

A system that pays for itself

Your tax savings are guaranteed with Lettuce or we will refund your fees. Your subscription quite literally pays for itself, and then some.

Best for Most Businesses-of-One

Lettuce Pro

$299 /mo*

Get Started for Free

No credit card required

Cancel anytime without penalty

Pay nothing until your clients pay you

100% tax deductible

Backed by the Lettuce Guarantee*

Is Lettuce right for you?

See if Lettuce can help you keep more of what you earn with our short quiz.

Take the Quiz

Specialized tax and accounting strategies for businesses-of-one.

Lettuce is a fintech company and not an FDIC-insured bank. Banking services are provided by TransPecos Banks, SSB, Member FDIC. The Lettuce Visa Debit Card is issued by TransPecos Banks, SSB, under a license from Visa U.S.A. Inc. and can be used wherever Visa cards are accepted. Deposit insurance covers the failure of an insured bank. Certain conditions must be satisfied for pass-through insurance to apply, subject to FDIC rules and conditions.

LLC vs. S Corp

What’s Better for Your Solo Business?

What's the difference?

It changes how you’re taxed.

What it is

Tax Savings

Best for

How you pay yourself

Setup & Paperwork

How much could you be saving?

How do S Corps work?

Lettuce makes S Corps easy

"Having one solution that automates all my bookkeeping and accounting gives me a new sense of confidence and saves me so much time."

"I feel at ease knowing that Lettuce is taking care of all the hard legal and accounting work I didn't have time to dig into or understand."

“With Lettuce, I’m keeping more of every dollar I earn. The ROI speaks for itself.”

Lettuce Handles the Switch. You Get the Savings.

A system that pays for itself

Best for Most Businesses-of-One

Lettuce Pro

$299 /mo*

Is Lettuce right for you?

Pricing FAQs

What is the Lettuce-Back Guarantee?

Are there up front fees?

Is Lettuce tax deductible?

When do I start paying for Lettuce?

Ready to save on your taxes?

Product

Company

LLC vs. S Corp

What’s Better for Your Solo Business?

What's the difference?

It changes how you’re taxed.

What it is

Tax Savings

Best for

How you pay yourself

Setup & Paperwork

How much could you be saving?

How do S Corps work?

Lettuce makes S Corps easy

Headline

Headline

Headline

Headline

Headline

Headline

"Having one solution that automates all my bookkeeping and accounting gives me a new sense of confidence and saves me so much time."

"I feel at ease knowing that Lettuce is taking care of all the hard legal and accounting work I didn't have time to dig into or understand."

“With Lettuce, I’m keeping more of every dollar I earn. The ROI speaks for itself.”

Lettuce Handles the Switch. You Get the Savings.

A system that pays for itself

Best for Most Businesses-of-One

Lettuce Pro

$299 /mo*

Is Lettuce right for you?

Pricing FAQs

What is the Lettuce-Back Guarantee?

Are there up front fees?

Is Lettuce tax deductible?

When do I start paying for Lettuce?

Ready to save on your taxes?

Product

Company