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Self-Employment Tax Deductions: Maximize Your Savings, Minimize Your Stress
Reviewed by: Mark Rose Smart self-employment tax deductions can save solopreneurs thousands each year. From home office expenses and health insurance to...
Founder & Tax Advisor, BBusiness International
Natalia Budyldina is the founder and owner of BBusiness International, where she provides accounting and tax consulting services for small businesses, including bookkeeping, tax preparation, tax resolution, and advisory support. An Enrolled Agent (EA), she helps clients make sense of complex tax issues with a practical, plain-language approach so business owners can make confident decisions and stay focused on growth. She holds an MBA and a master’s degree in Accounting and Finance, and brings 8+ years of public accounting experience across both small CPA and national public accounting firms. In addition to client work, she publishes educational content for entrepreneurs through the BBusiness International, sharing actionable guidance on small-business tax and accounting topics.
7 min read
Reviewed by: Mark Rose Smart self-employment tax deductions can save solopreneurs thousands each year. From home office expenses and health insurance to...
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Reviewed by: Mark Rose Freelance work is best approached as running a professional services business, with full ownership over clients, pricing, and time,...
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Reviewed by: Mark Rose Payroll is a critical requirement for S Corp owners, ensuring IRS compliance while allowing business owners to take advantage of...
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Reviewed by: Alex Zelaya Texas does not require a general statewide business license, so solopreneurs primarily need to register their entity, secure any...
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Reviewed by: Alex Zelaya Understanding Maryland business licensing can feel overwhelming for solopreneurs, but the right guidance makes the process much...
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Reviewed by: Ran Harpaz Closing an LLC means dissolving your legal entity and ending your S Corp election, two separate steps with their own filings. But...
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Reviewed by: Ran Harpaz Your LLC annual report is a simple state check-in that keeps your business legally protected and takes just minutes to complete...
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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...
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Reviewed by: Ran Harpaz A registered agent for an LLC receives legal documents and government notices on your behalf, keeping your business compliant and...
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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...
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Reviewed by: Ran Harpaz Starting an LLC involves far more than the initial state filing fees; ongoing compliance requirements, surprise penalties, and...
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Reviewed by: Alex Zelaya Starting an LLC protects your personal assets from business liabilities while giving you tax flexibility to optimize earnings as...
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Your operating agreement isn't just compliance paperwork. It strengthens asset protection, proves you're running a legitimate business entity, and creates...
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S Corp status typically becomes financially worthwhile for solopreneurs once annual business income reaches around $80,000, because it reduces...
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Reviewed by: Ran Harpaz Separating business and personal finances protects your assets, simplifies tax time, and unlocks serious savings through...