Resources

4 min read

Self-Employment Tax Essentials: Transitioning from Employee to Business-of-one

Lettuce: November 17, 2024

Navigating self-employment taxes can be daunting for any new business-of-one. Understanding what these taxes entail is essential for maintaining your...

4 min read

Interested in S Corps? Here’s the Lowdown on Maximizing Your Tax Benefits!

Lettuce: November 15, 2024

Are you self-employed or a solopreneur feeling lost in the maze of business structures? You're not alone. Many are scratching their heads regarding S...

3 min read

How S Corps can use a Solo 401k for Retirement Planning

Lettuce: November 12, 2024

While working for yourself has many upsides, a downside for many people is that you give up corporate benefits, like retirement plans. But that doesn’t...

14 min read

Ultimate List of Tax FAQs for Independent Business Owners

Lettuce: November 5, 2024

Running a business is tough, especially if you’re a solo entrepreneur. Sales, marketing, accounting, taxes — you have to do it all. That’s where Lettuce...

3 min read

Guest Blogger: Jenni Gritters on Becoming an S Corp

Lettuce: October 28, 2024

Lettuce is excited to welcome Jenni Gritters to our blog today! Jenni is a business strategist and coach for solopreneurs, as well as a former journalist...

7 min read

Too Many Business Owners Overpay on Their Taxes. Are You One of Them?

Lettuce: October 4, 2024

Here are some common reasons you may be overpaying on your taxes — and what you can do about it.

6 min read

Why Outsourcing Bookkeeping to AI is an Easy Way to Make Your Business More Profitable

Lettuce: October 4, 2024

AI bookkeeping software can automate tedious but essential tasks, giving you more time to focus on what’s important.

Calculate Your Savings with our Tax Calculator

Lettuce: August 12, 2024

If you’re a business-of-one making over $100k, you could be overpaying your taxes by $10,000.

3 min read

Breaking Down the Cost of a DIY S Corp

Lettuce: July 8, 2024

As a business-of-one, you've likely considered the tax benefits of structuring your business as an S Corp. Then comes the question of how to manage it...

4 min read

The Truth About Saving Receipts–and About Deductions

Lettuce: July 8, 2024

Millions of solopreneurs, freelancers, and contractors in America feverishly save every receipt related to their business. Maybe they’re in a shoebox, or...

2 min read

Invest In You: Initial Capital Contribution

Lettuce: March 11, 2024

How to fund your LLC right the first time “Initial Capital Contribution” is an accountant’s long way of saying “seed money”. In other words, the first...

4 min read

How is your business organized? How should your business be organized?

Lettuce: January 12, 2024

You’ve got choices. Let’s help you make the right one. Freelancer? Independent contractor? Side hustler? Whether you’re an established business-of-one, or...

10 min read

Tips for 1099’ers: How Not to Overpay Taxes

Lettuce: January 12, 2024

Tackle tax season like a boss. I can’t wait for tax season!, said no one. Ever. But we at Lettuce are working hard to make tax season a joy–or at the very...

2 min read

Salary vs. Owner’s Distribution: How Lettuce Gets the Balance Just Right

Lettuce: January 12, 2024

Reasonable Compensation If you are considering an S Corp, you’ve come across this term and are probably asking, “What’s reasonable compensation?” Fair...