6 min read
The Underpayment Penalty Explained And How to Never Pay It Again
Reviewed by: Ran Harpaz The underpayment penalty catches many solopreneurs off guard, even when they pay their full tax bill on time. Because the IRS...
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6 min read
Reviewed by: Ran Harpaz The underpayment penalty catches many solopreneurs off guard, even when they pay their full tax bill on time. Because the IRS...
6 min read
Reviewed by: Mark Rose If you’re a business-of-one wondering how to set up an S corp without drowning in forms and tax jargon, you’re not alone. Learn how...
3 min read
Reviewed by: Ran Harpaz A record freelance income month can feel exciting and stressful at the same time. The real issue usually is not taxes themselves,...
7 min read
Reviewed by: Ran Harpaz Solo business owners can contribute 20% or more of their compensation to retirement by leveraging both employee deferrals and...
5 min read
Reviewed by: Mark Rose Strategic automation of financial workflows can help solopreneurs reclaim over 10 hours each month while unlocking significant...
7 min read
Reviewed by: Ran Harpaz Learning how to calculate adjusted gross income is essential for freelancers who want to lower their tax bill and unlock valuable...
5 min read
Reviewed by: Mark Rose What is FUTA? It's a federal unemployment tax that S Corp owners pay on wages, typically costing a maximum of $42 per employee...
5 min read
Ryan Page of Backpocket CPA on financial signals in your filed tax return for solos who want next year to be a breeze. Welcome back to The Wedge, the...
5 min read
Reviewed by: Ran Harpaz An S Corp in California can save solopreneurs thousands annually once profits consistently hit the right threshold. By splitting...
4 min read
In 2026, experienced professionals will have more solo career options than ever. From seasoned executives to creative specialists, the shift toward...
4 min read
If you’re freelancing, consulting, or juggling 1099 gigs, you’ve probably asked yourself: Is an independent contractor self-employed? Understanding what...
3 min read
If you’ve started freelancing or consulting on the side, you are technically self-employed, even if you haven’t filed any paperwork. Most solos begin this...
3 min read
Many professionals use the terms solopreneur, entrepreneur, and self-employed interchangeably, but they’re not the same. Each reflects a different...
4 min read
Struggling with cash flow is one of the biggest challenges solopreneurs and businesses-of-one face. When money gets tight, it can feel overwhelming, but...
4 min read
Freelancing on the side or full-time means taking charge of your taxes, and small mistakes can lead to big problems if they raise red flags with the IRS....