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Lettuce

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

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...

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11 min read

How to Start an LLC: The Step-by-Step Guide for Solopreneurs

Starting an LLC protects your personal assets from business liabilities while giving you tax flexibility to optimize earnings as you grow. The formation...

woman photographer setting up a shot

5 min read

How Long Does It Take to Get an LLC? What to Expect from Start to Finish

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...

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6 min read

LLC Operating Agreement for One: Why Every Freelancer Needs This Simple Document

Your operating agreement isn't just compliance paperwork. It strengthens asset protection, proves you're running a legitimate business entity, and creates...

Two people looking at blueprints in a bright room

6 min read

How to Set Your S Corp Reasonable Salary (Without Guesswork)

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...

Woman working in a colorful office

6 min read

What Is the 2% Rule for S Corp? Unlocking Tax Benefits for Solo Owners

The 2% rule for S Corp owners unlocks powerful tax advantages most solopreneurs miss. As a more-than-2% shareholder, you can turn health insurance...

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6 min read

At What Income Level Is an S Corp Worth It? The Math Behind the Move

S Corp status typically becomes financially worthwhile for solopreneurs once annual business income reaches around $80,000, because it reduces...

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5 min read

How to Calculate Profitability and Make Smarter Business Moves

True profitability comes from knowing exactly what you keep after every expense and tax, not just watching revenue or your bank balance. Manual tracking...

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6 min read

Can I Write Off a Vehicle in an S Corp? Your Guide to Smarter Deductions

Combining S Corp status with optimized vehicle deductions can put thousands back in a solopreneur’s pocket, proving that strategic planning is what truly...

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6 min read

Separating Business and Personal Finances Made Easy (and Why It Matters More Than You Think)

Separating business and personal finances protects your assets, simplifies tax time, and unlocks serious savings through strategies like S Corp elections....

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7 min read

Can I Use an S Corp to Pay for Health Insurance?

S Corp owners can deduct health insurance premiums through proper payroll and W-2 reporting, saving on taxes while staying compliant effortlessly.

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11 min read

How to Start a Small Business: Your Step-by-Step Guide to Launching with Confidence

Treating your solo venture as a real business, rather than just a side project, opens the door to significant tax benefits, stronger financial protection,...

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5 min read

The Ultimate Business Expenses List for Solopreneurs: Every Deduction You Should Know

Tracking a complete business expenses list can unlock thousands in tax savings that most solopreneurs miss every year. From home office costs and...

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6 min read

How to Build Business Credit: A Step-by-Step Guide for Solopreneurs

From formation to financing, see how S-Corp solopreneurs can build business credit that protects personal assets and paves the way for sustainable,...

Man working in a home office with a dog

6 min read

What Is Equity in Business: The Secret to Building Wealth as a Solopreneur

What is equity in business? It's everything your business owns minus what it owes. Understanding equity helps you make smarter financial decisions and...

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8 min read

Can You Elect S Corp Status Mid-Year? Your Guide to a Smarter Tax Switch

Yes, you can elect S Corp status mid-year, and for solopreneurs earning $80,000+, it's a smart move that starts saving you thousands immediately after the...

Got a tax question?

Got a tax question? 

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