7 min read
Can An S Corp Own An LLC – Is It Different For A Solopreneur?
Short answer… Yes, an S Corp can own an LLC. While this is a rare situation for the solopreneur, it is possible, and understanding its implications can...
Enrolled Agent (EA) & Founder, Tax and Advisory Firm
Alex Zelaya is an Enrolled Agent (EA) and tax professional based in New York, focused on helping individuals and small businesses navigate tax planning and compliance with clarity and confidence. After working at national CPA firms, he now runs his own tax and advisory practice, emphasizing long-term client relationships and a straightforward, practical approach to the tax process. He earned a B.S. in Accounting from St. John’s University (Queens, NY) and holds the Enrolled Agent credential. His services include tax preparation and planning as well as support such as bookkeeping, payroll, and corporate taxes.
7 min read
Short answer… Yes, an S Corp can own an LLC. While this is a rare situation for the solopreneur, it is possible, and understanding its implications can...
6 min read
Reviewed by: Ran Harpaz Navigating consulting taxes becomes manageable when you plan strategically. Set aside 30–35% of your net income, pay quarterly to...
5 min read
Reviewed by: Mark Rose Reducing taxes on 1099 income means capturing every deductible expense, timing purchases strategically, and considering an S Corp...
6 min read
Reviewed by: Mark Rose Self-employment tax hits freelancers with a 15.3% charge on all net profits, often costing thousands more than W-2 employees pay...
5 min read
Reviewed by: Mark Rose A partnership tax return (Form 1065) sounds complicated, but most solopreneurs don't actually need to file one. Single-member LLCs...
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...
6 min read
Reviewed by: Mark Rose A single-member LLC protects your personal assets while opening the door to serious tax savings. Once your business income reaches...
6 min read
Reviewed by: Ran Harpaz Sole proprietorship taxes mean handling quarterly payments, self-employment tax, and deductions entirely on your own. Most...
6 min read
Reviewed by: Natalia Budyldina Florida doesn't issue a single statewide business license. Instead, solopreneurs navigate federal, state, and local...
5 min read
Reviewed by: Mark Rose Arizona doesn't require a universal business license, which means less paperwork than you'd expect. Most solopreneurs need only an...
5 min read
Reviewed by: Natalia Budyldina Filing Articles of Organization for your LLC separates your business from your personal finances and opens the door to...
5 min read
Reviewed by: Mark Rose Starting a sole proprietorship is simpler than most solopreneurs think because you become one automatically the moment you earn...
5 min read
Reviewed by: Ran Harpaz Getting your California business license right starts with understanding one key fact: your city issues the main permit, not the...
5 min read
Reviewed by: Natalia Budyldina How long does it take to get an LLC? It used to mean weeks of paperwork and uncertain state processing times, but modern...
6 min read
Reviewed by: Mark Rose Setting a reasonable salary for your S Corp is essential for maximizing tax savings while staying within IRS guidelines. Paying...