Resources

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A person with short dark hair wearing a cream-colored knit sweater smiles while working on a laptop at a wooden desk in a bright, plant-filled home office with large windows showing greenery outside.

7 min read

How to Calculate Adjusted Gross Income for Freelancers

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...

Clients in a meeting, completing paperwork

5 min read

What Is FUTA and Why Does It Matter for S Corp Owners?

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

Your tax return holds the keys to next year's financial success. Here's how to use them

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...

Smiling freelancer in a home office

5 min read

S Corp in California: Salary, Distributions, and the Real Math Behind the Savings

Reviewed by: Ran Harpaz An S Corp in California can save solopreneurs thousands annually once profits consistently hit the right threshold. By splitting...

Three types of self-employed people in one room but different desks

4 min read

Best Career Ideas For Self Employment In 2026

In 2026, experienced professionals will have more solo career options than ever. From seasoned executives to creative specialists, the shift toward...

4 min read

Is An Independent Contractor Self Employed – Get Answers

If you’re freelancing, consulting, or juggling 1099 gigs, you’ve probably asked yourself: Is an independent contractor self-employed? Understanding what...

Man working on a laptop outside on a patio while children play in the yard behind him.

3 min read

Sole Proprietor Vs Self Employed – Building an Independent Life

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...

Three-panel image showing solopreneurs working from home, including a photographer adjusting a camera, a woman using a laptop at a kitchen table, and a professional in a video call at a desk.

3 min read

Solopreneur Vs Entrepreneur Vs Self Employed Explained

Many professionals use the terms solopreneur, entrepreneur, and self-employed interchangeably, but they’re not the same. Each reflects a different...

4 min read

5 Expert Strategies for Solopreneurs to Keep Cash Flow Healthy

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...

Woman reviewing financial data on a laptop at a home office desk with paperwork.

4 min read

12 Common Audit Red Flags Self Employed Taxpayers Miss

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....

Woman working in a coffee shop, writing notes while reviewing health benefit options displayed on a laptop

4 min read

Self Employed FSA – Understanding the Ins, Outs & Alternatives

You’ve picked up some freelance gigs or started full-time consulting. Can you still open an FSA to save on healthcare expenses? For most self-employed...

4 min read

Workers Compensation Self Employed - Better Safe Than Sorry

If you’re self-employed, you may assume workers’ comp doesn’t apply to you. But that depends on how your business is structured and whether others rely on...

An entrepreneur looking at her phone while sitting at her home office

4 min read

Self Employed Liability Insurance – Coverage You Can’t Skip

You’ve made the leap—or you’re getting close. Whether you’re freelancing part-time or running a growing solo business, protecting your work with insurance...

Fitness instructor recording a yoga session at home using a smartphone on a tripod.

4 min read

Best Self-Employed Jobs For A Career Shift

More professionals are exploring the best self-employed jobs to gain freedom, flexibility, and purpose in their work. Whether you’re transitioning from a...

Man working on a laptop at a kitchen table with a coffee mug while his dog rests on the floor.

4 min read

5 Advantages To Being Self Employed That You’re Missing

Thinking about leaving your 9-to-5 for something more flexible, fulfilling, and future-focused? Self-employment isn’t just a backup plan—it’s a smart,...

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