2 min read
What Exactly is an S Corp? We’ve Got the Answer
Plus, How it Could Save You $$$ Before we dive in, let’s clear something up. When thinking about your business, you don’t have to choose between an LLC...
The content on this blog is created by the expert team at Lettuce Financial, a company that specializes in automated tax and accounting solutions for solopreneurs.
Our content team includes tax experts, and experienced industry leaders who provide practical guidance based on real-world experience helping thousands of solopreneurs optimize their tax strategies through our automated S-Corp platform.
2 min read
Plus, How it Could Save You $$$ Before we dive in, let’s clear something up. When thinking about your business, you don’t have to choose between an LLC...
5 min read
Arizona doesn't require a universal business license, which means less paperwork than you'd expect. Most solopreneurs need only an LLC and possibly a TPT...
5 min read
Filing Articles of Organization for your LLC separates your business from your personal finances and opens the door to strategies like S Corp election,...
4 min read
Starting a sole proprietorship is simpler than most solopreneurs think because you become one automatically the moment you earn income. The real strategy...
6 min read
Your LLC annual report is a simple state check-in that keeps your business legally protected and takes just minutes to complete online.
6 min read
Welcome back to The Wedge, the newsletter for solopreneurs who build with structure and purpose.
5 min read
Yes, you can maintain an S Corp with no income, but timing matters. While there's no minimum revenue requirement, S Corps make the most sense once you're...
7 min read
A registered agent for an LLC receives legal documents and government notices on your behalf, keeping your business compliant and protected. Every state...
5 min read
Getting your California business license right starts with understanding one key fact: your city issues the main permit, not the state. What you need...
8 min read
What is a sole proprietorship? It's the simplest business structure where you and your company are legally one. You're automatically a sole proprietor the...
5 min read
Starting an LLC involves far more than the initial state filing fees; ongoing compliance requirements, surprise penalties, and scattered third-party...
5 min read
The disadvantages of sole proprietorship hit hardest where it counts: your wallet and your risk exposure. Paying the full 15.3% self-employment tax,...
11 min read
Starting an LLC protects your personal assets from business liabilities while giving you tax flexibility to optimize earnings as you grow. The formation...
5 min read
How long does it take to get an LLC? It used to mean weeks of paperwork and uncertain state processing times, but modern automation has transformed the...
6 min read
Your operating agreement isn't just compliance paperwork. It strengthens asset protection, proves you're running a legitimate business entity, and creates...
6 min read
Setting a reasonable salary for your S Corp is essential for maximizing tax savings while staying within IRS guidelines. Paying yourself too much or too...