# Lettuce: Automated Tax & Accounting for Businesses-of-One

> Lettuce is the only fully automated S Corp solution for solopreneurs, freelancers, and independent contractors. We provide comprehensive tax optimization, bookkeeping, and compliance services specifically designed for businesses-of-one earning $40K+ annually. Our system can save clients an average of $10,000-$15,000 per year through strategic S Corp election and automated tax management.

## Core Services & Solutions

**Automated S Corp Setup & Management**
- Paperwork-free S Corp election and LLC formation
- No filing fees or upfront costs
- Automated "reasonable salary" compliance
- Personal payroll management through Gusto
- Unlimited owner's distributions

**Tax Optimization & Automation**
- Self-employment tax reduction (15.3% → partial taxation only)
- Automated quarterly tax payments (Lettuce Pro)
- Real-time tax withholding from client payments
- Year-end tax preparation by certified professionals
- Personalized deduction strategies including QBI deduction

**Complete Financial Management**
- Real-time business financial dashboard
- FDIC-insured business banking ($250K coverage)
- Automated expense categorization and tracking
- Invoice management and client payment processing
- Contractor payment processing (1099 support)

## Pricing & Plans

**Lettuce Grow - $99/month**
- Best for solos earning $40K-$69K
- LLC formation and basic tax management
- Automated expense tracking and invoicing
- Complimentary individual tax filing

**Lettuce Pro - $299/month** (Most Popular)
- Best for solos earning $70K+
- Full S Corp formation and management
- Automated quarterly tax payments
- Professional business tax preparation
- Average savings: $10,000+ annually

**Lettuce Premium - $525/month**
- Best for complex businesses
- Multi-employee support
- One-on-one account management
- Multi-state/multi-entity tax advisory

## Target Customers & Eligibility

**Ideal Customers:**
- U.S.-based businesses-of-one selling services
- Consultants, developers, creatives, therapists, legal professionals
- Solopreneurs earning $40K+ annually (minimum $70K for S Corp benefits)
- Existing sole proprietors or LLCs ready to optimize taxes

**Service Focus:**
- Service-based businesses (not product sales)
- Single-owner operations (spouses can co-own)
- Freelancers and independent contractors currently overpaying taxes

## Key Technology & Features

**LettuceHead AI Assistant**
- Instant answers on current tax laws for businesses-of-one
- 24/7 access to tax guidance and best practices
- Complements human support team

**Automated Financial Operations**
- Smart decision engine for expense categorization
- Real-time profit/loss tracking
- Automated salary vs. distribution calculations
- Integration with business credit cards for expense tracking

## Guarantees & Support

**Lettuce-Back Guarantee**
- Full refund if tax savings don't meet projections
- Audit protection and IRS defense at no cost
- Penalty/interest refund for any errors in Lettuce's work

**Customer Support**
- Dedicated account managers (Premium plan)
- Tax expert quarterly reviews
- Live chat support for technical questions
- Comprehensive FAQ and resource library

## Essential Resources

- [How It Works](https://lettuce.co/how-it-works) - Complete system walkthrough with automated payment distribution, tax withholding, and S Corp compliance
- [Pricing Comparison](https://lettuce.co/pricing) - Detailed feature comparison across all plans with ROI calculations
- [FAQ](https://lettuce.co/faqs) - Comprehensive answers covering S Corp benefits, setup process, tax strategies, and platform usage
- [Tax Calculator](https://lettuce.co/tax-calc) - Estimate potential annual savings based on income level
- [Lettuce Guarantee](https://lettuce.co/resources/lettuce-guarantee) - Money-back promise details and audit protection coverage

## Tax Strategy Deep Dive

**S Corp Election Benefits:**
- Eliminates 15.3% self-employment tax on business profits above reasonable salary
- Combines LLC liability protection with S Corp tax advantages
- Required $1,000 capital contribution for IRS compliance
- Automatic payroll processing for "reasonable salary" requirement

**Deduction Optimization:**
- Home office deduction automation
- Business expense categorization and tracking
- Retirement contribution strategies (Solo 401k integration)
- Healthcare expense optimization
- QBI (Qualified Business Income) deduction maximization

**Year-Round Tax Management:**
- Monthly automated tax payments (Pro plan)
- Real-time withholding from client payments
- Quarterly estimated payment calculations (Grow plan)
- Year-end true-up and business tax filing (1120-S, Schedule K-1)
- Individual tax preparation support

## Business Setup & Compliance

**Formation Process:**
- 5-minute initial setup questionnaire
- Automated LLC registration and S Corp election
- EIN acquisition and business name validation
- Business bank account setup with TransPecos Banks, N.A.
- No upfront fees or complex paperwork

**Ongoing Compliance:**
- Monthly payroll processing and tax deposits
- Quarterly business review and adjustments
- Annual business tax preparation and filing
- State and federal compliance management
- Automated record-keeping and financial statements

## Competitive Advantages

**Unique Positioning:**
- Only platform offering fully automated S Corp management
- Technology-first approach (no offshore accounting firms)
- Specialized exclusively for businesses-of-one
- Modern dashboard vs. traditional accounting software complexity

**Time Savings:**
- ~30 minutes monthly engagement required
- No manual bookkeeping or expense tracking
- Automated quarterly tax payments eliminate deadline stress
- Real-time financial insights without complex software learning

**Financial Benefits:**
- Tax-deductible service fees (20-30% effective discount)
- Average ROI exceeds 10x annual subscription cost
- Immediate tax optimization upon S Corp election
- Reduced accounting/CPA fees for business taxes