7 min read
S Corp Dividends Made Simple for Businesses-of-One
S Corp distributions are a smart way for solopreneurs to save thousands each year by avoiding the 15.3% self-employment tax on part of their income. The...
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.
7 min read
S Corp distributions are a smart way for solopreneurs to save thousands each year by avoiding the 15.3% self-employment tax on part of their income. The...
5 min read
Automating S Corp deduction tracking helps solopreneurs save thousands yearly by catching every eligible write-off and keeping audit-ready records. With...
5 min read
K-1 forms are a key part of managing taxes for solopreneurs running an S Corp or multi-member LLC taxed as an S Corp. Automation makes the process...
3 min read
We have two big Lettuce announcements for you today: We’ve secured $28 million in funding led by existing investor Zeev Ventures, and we’ve acquired the...
5 min read
Welcome to The Wedge, a newsletter for solopreneurs who build with structure and purpose. Every newsletter, we study and share how experienced...
5 min read
Missing an S Corp tax deadline costs you more than just penalty fees; it means losing out on cash flow optimization, reinvestment opportunities, and...
6 min read
Do S Corps get 1099s? Generally, no. When you elect S Corp status, you shift from contractor to business owner, getting W-2s instead of 1099s. This...
6 min read
Business insurance for S Corps covers the risks your LLC and tax election can't—lawsuits, cyberattacks, and disruptions that could drain cash reserves....
8 min read
S Corp fees by state range from $50 to over $800 annually, but once your business income hits $80,000, the tax savings usually outweigh these costs....
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...