2 min read
What Exactly is an S Corp? We’ve Got the Answer
Plus, How it Could Save You $$$ Before we dive in, let’s clear something up. When thinking about your business, you don’t have to choose between an LLC...
Have questions? Looking for answers? You can find them here.
2 min read
Plus, How it Could Save You $$$ Before we dive in, let’s clear something up. When thinking about your business, you don’t have to choose between an LLC...
3 min read
The Augusta Rule lets small business owners rent their home to their business for up to 14 days a year, creating a business deduction without taxable...
3 min read
Did you know that solopreneurs can access more flexible tax breaks than larger businesses? This is thanks to simpler ownership and fewer nondiscrimination...
4 min read
A solid solopreneur action plan starts with structure, not just income. Many solopreneurs watch their tax bills climb as they grow, not because they're...
7 min read
Smart self-employment tax deductions can save solopreneurs thousands each year. From home office expenses and health insurance to retirement contributions...
4 min read
Headlines around the OBBB can be misleading for solopreneurs, so the real focus should be on how IRS guidance and income definitions like AGI and MAGI...
5 min read
Getting a Washington business license is straightforward and takes about 30 minutes online. Most freelancers earning over $12,000 need one, but the real...
5 min read
Freelance work is best approached as running a professional services business, with full ownership over clients, pricing, and time, rather than as gig...
6 min read
A single-member LLC protects your personal assets while opening the door to serious tax savings. Once your business income reaches around $80,000,...
3 min read
This article was originally published in Accounting Today and written by Ran Harpaz, CEO of Lettuce, and Diane Kennedy, Head of Tax Education at Lettuce.
6 min read
Sole proprietorship taxes mean handling quarterly payments, self-employment tax, and deductions entirely on your own. Most solopreneurs learn through...
8 min read
Payroll is a critical requirement for S Corp owners, ensuring IRS compliance while allowing business owners to take advantage of tax-saving strategies....
4 min read
As a solopreneur, your time is your most valuable resource. Yet, when you’re constantly wearing tons of hats and juggling so many different...
4 min read
You run a solo business—but that doesn’t mean you need to do everything completely alone.
3 min read
If you want a steady stream of clients, you need more than great work. It takes clarity, consistency, and a willingness to put yourself out there. But,...
4 min read
Everybody’s talking about AI. It’s no longer only relevant for the most tech-savvy early adopters—it’s non-negotiable if you want to do more with less in...