3 min read
I Had My Best Month Ever… So Why Am I Stressed About Taxes?
A record freelance income month can feel exciting and stressful at the same time. The real issue usually is not taxes themselves, but the lack of a system...
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3 min read
A record freelance income month can feel exciting and stressful at the same time. The real issue usually is not taxes themselves, but the lack of a system...
7 min read
Solo business owners can contribute 20% or more of their compensation to retirement by leveraging both employee deferrals and employer profit-sharing...
5 min read
Strategic automation of financial workflows can help solopreneurs reclaim over 10 hours each month while unlocking significant annual tax savings. By...
7 min read
Learning how to calculate adjusted gross income is essential for freelancers who want to lower their tax bill and unlock valuable credits. AGI is your...
5 min read
What is FUTA? It's a federal unemployment tax that S Corp owners pay on wages, typically costing a maximum of $42 per employee annually. Once you're...
5 min read
Ryan Page of Backpocket CPA on financial signals in your filed tax return for solos who want next year to be a breeze. Welcome back to The Wedge, the...
5 min read
An S Corp in California can save solopreneurs thousands annually once profits consistently hit the right threshold. By splitting income into salary and...
4 min read
In 2026, experienced professionals will have more solo career options than ever. From seasoned executives to creative specialists, the shift toward...
4 min read
If you’re freelancing, consulting, or juggling 1099 gigs, you’ve probably asked yourself: Is an independent contractor self-employed? Understanding what...
4 min read
Table of Contents If you’ve started freelancing or consulting on the side, you are technically self-employed, even if you haven’t filed any paperwork....
3 min read
Many professionals use the terms solopreneur, entrepreneur, and self-employed interchangeably, but they’re not the same. Each reflects a different...
4 min read
Struggling with cash flow is one of the biggest challenges solopreneurs and businesses-of-one face. When money gets tight, it can feel overwhelming, but...
4 min read
Freelancing on the side or full-time means taking charge of your taxes, and small mistakes can lead to big problems if they raise red flags with the IRS....
4 min read
You’ve picked up some freelance gigs or started full-time consulting. Can you still open an FSA to save on healthcare expenses? For most self-employed...
4 min read
If you’re self-employed, you may assume workers’ comp doesn’t apply to you. But that depends on how your business is structured and whether others rely on...