5 min read
How to Make a Fresh Financial Start: Solo's Guide to New Year Planning
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....
Have questions? Looking for answers? You can find them here.
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
Reviewed by: Alex Zelaya S Corp owners can unlock substantial tax savings by expertly balancing their salary with distributions, allowing them to sidestep...
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
Reviewed by: Natalia Budyldina A balance sheet isn't exclusive to large corporations; freelancers and creatives can gain invaluable insight into their...
5 min read
Learning how to calculate gross margin gives solopreneurs instant clarity on their business’s profitability. This simple formula reveals if your pricing...
6 min read
Reviewed by: Natalia Budyldina As an S Corp owner, optimizing your salary-to-distribution split can lead to significant tax savings, reducing your...
5 min read
Reviewed by: Ran Harpaz The CP-575 letter, your IRS-issued confirmation of your Employer Identification Number (EIN), serves as your business's official...
6 min read
For most solopreneurs, understanding your fiscal year is straightforward: the IRS typically requires using a calendar year (January 1 to December 31),...
7 min read
Reviewed by: Mark Rose Hitting the $60,000 profit mark as a solopreneur unlocks significant tax savings through S Corp distributions, helping you cut down...
5 min read
Reviewed by: Mark Rose Establishing payroll as an S Corp solopreneur isn't just about checking off compliance boxes; it's a savvy strategy that empowers...
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...
3 min read
You run a solo business—but that doesn’t mean you have to go it alone. When it comes to managing your business finances, hiring an accountant can provide...
4 min read
You’re juggling a lot as a solopreneur. You’re marketing your business, growing your network, refining your products and services, and sharpening your...