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
Learning how to change LLC to S corp isn't about starting over—it's about layering smarter tax savings onto your existing business. Your LLC keeps...
8 min read
Ask any solopreneur what intimidated them most about self-employment (or has kept them from pursuing self-employment altogether) and the vast majority...
6 min read
Good news: you can set up an S Corp in any state, but the real question is whether you should. All 50 states recognize S Corporation status, and the magic...
5 min read
Most solopreneurs running S Corps miss powerful fringe benefit strategies that could save thousands each year. Health insurance premiums, retirement...
5 min read
Benefits of S Corp go beyond tax savings. While reducing self-employment taxes is the main draw, S Corporation status also delivers liability protection,...
6 min read
S Corp articles of incorporation unlock serious tax savings for solopreneurs, often $8,000 or more per year, by letting you split income into salary and...
5 min read
Filing Form 2553 is your gateway to S Corp status and serious tax savings, but it doesn't have to mean endless paperwork and IRS phone calls. This...
6 min read
If you're a solopreneur earning $60,000 or more, you could be leaving thousands on the table each year. An S Corp lets you split income into salary and...
5 min read
Learning how to open a business bank account protects your personal assets and simplifies your finances. A dedicated account maintains legal separation...
6 min read
Health insurance premiums can become powerful deductions when handled correctly. By reimbursing premiums through payroll, reporting them on your W-2, and...
7 min read
Looking to keep more of what you earn? S Corp status lets solopreneurs split income into salary and distributions, so only your salary faces the 15.3%...
7 min read
Getting an EIN is a quick win for solopreneurs. This free, quick process separates your personal and business finances while unlocking tax-saving...
1 min read
By now you know an S Corp with Lettuce can save you money, but making the switch still can feel hard. Here's the good news: the start of the year is...
9 min read
Key Takeaways: Business name registration unlocks professional credibility, opens the door to more tax deductions through advanced entity structures, and...
2 min read
If you're self-employed and considering switching to an S Corporation (S Corp) to save on taxes, you’ve probably heard a common fear: “Won’t that increase...