2 min read
What Exactly is an S Corp? We’ve Got the Answer
Plus, How it Could Save You $$$ Before we dive in, let’s clear something up. When thinking about your business, you don’t have to choose between an LLC...
Have questions? Looking for answers? You can find them here.
2 min read
Plus, How it Could Save You $$$ 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
True profitability comes from knowing exactly what you keep after every expense and tax, not just watching revenue or your bank balance. Manual tracking...
6 min read
Combining S Corp status with optimized vehicle deductions can put thousands back in a solopreneur’s pocket, proving that strategic planning is what truly...
6 min read
Separating business and personal finances protects your assets, simplifies tax time, and unlocks serious savings through strategies like S Corp elections....
7 min read
S Corp owners can deduct health insurance premiums through proper payroll and W-2 reporting, saving on taxes while staying compliant effortlessly.
11 min read
Treating your solo venture as a real business, rather than just a side project, opens the door to significant tax benefits, stronger financial protection,...
5 min read
Tracking a complete business expenses list can unlock thousands in tax savings that most solopreneurs miss every year. From home office costs and...
6 min read
From formation to financing, see how S-Corp solopreneurs can build business credit that protects personal assets and paves the way for sustainable,...
6 min read
What is equity in business? It's everything your business owns minus what it owes. Understanding equity helps you make smarter financial decisions and...
8 min read
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...
5 min read
While “new year, new finances” probably doesn’t top your list of new year mantras, it’s an undeniably helpful mindset to have as a solo business owner....
5 min read
If you’re feeling a little off balance in your solo business, you’re not alone—there’s a lot of change and upheaval right now.
5 min read
You know firsthand that running a solo business means wearing every hat—and that includes CFO. Yet, for most solopreneurs, planning and managing their...
6 min read
S Corp owners can unlock substantial tax savings by expertly balancing their salary with distributions, allowing them to sidestep the hefty 15.3% payroll...
7 min read
By default, a single-member LLC is a 'disregarded entity,' providing solopreneurs with liability protection while allowing them to report business income...
4 min read
A balance sheet isn't exclusive to large corporations; freelancers and creatives can gain invaluable insight into their financial health by using one,...