Resources

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Business Operations & Management (5)

Man working in a home office

6 min read

How Do I Pay Myself as an S Corp Without Guesswork?

Reviewed by: Natalia Budyldina As an S Corp owner, optimizing your salary-to-distribution split can lead to significant tax savings, reducing your...

Man standing in a room, holding a document

5 min read

CP-575 Letter: What It Is and How to Never Worry About It Again

Reviewed by: Ran Harpaz The CP-575 letter, your IRS-issued confirmation of your Employer Identification Number (EIN), serves as your business's official...

man sitting in a sunlit room, he is using a computer

6 min read

What Is a Fiscal Year? The Solopreneur's Guide to Smarter Tax Planning

Reviewed by: Mark Rose For most solopreneurs, understanding your fiscal year is straightforward: the IRS typically requires using a calendar year (January...

7 min read

S Corp Distributions Made Simple for Solopreneurs

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...

S Corp owner with a tablet in hand

5 min read

How to Set Up Payroll: The Step-by-Step Guide for S Corp Solopreneurs

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...

The Wedge Newsletter

5 min read

The System That Turned 60-hour Weeks Into 30 Focused Hours

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

How to Simplify Your Solo Business Finances with AI

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

5 Financial Warning Signs Solopreneurs Should Watch For

You’re juggling a lot as a solopreneur. You’re marketing your business, growing your network, refining your products and services, and sharpening your...

Switch Your Solo Business From LLC to S Corp

4 min read

Should Your Solo Business Become an S Corp? Here’s How to Decide

Maybe you’ve heard a few mentions of the tax-saving power of S Corps before. Or perhaps (like many solopreneurs) your eyes immediately glaze over whenever...

5 min read

How to Start an LLC: A Straightforward Guide for Solos

While some people decide to go the sole proprietorship route indefinitely, there are some major perks involved with establishing a formal business entity...

7 Financial Mistakes Freelancers and Solopreneurs Should Avoid

4 min read

7 Financial Mistakes Solopreneurs Make (and How to Avoid Them)

There’s no such thing as a perfect solopreneur—everybody makes mistakes. But while it’s normal to mix things up now and then, financial planning is one...

Solo Business Tax Management

3 min read

Choosing the Right Tax Approach for Your Solo Business: DIY or Automation?

While it’s certainly not the most dreamy part of running a solo business, tax management is an important and necessary aspect of self-employment.

AI in Finance

4 min read

Your (Simple and Straightforward) Guide to Using AI for Your Solo Business Finances

Utter the terms “AI in finance” or “fintech” to a group of freelancers and solopreneurs, and most people’s eyes are going to glaze over. It all feels...

Kelly Gonsalves

3 min read

Using AI for Your Solo Business Finances: An Accountant’s Best Advice

Not that long ago, getting reliable financial guidance for your solo business required an accountant. But, today, technology can step in and meet that...

LLC or S Corp

8 min read

Where to Find Work: 50+ Resources for Freelancers & Independent Pros

At Lettuce, we’re all about supporting the people building on their own terms — the freelancers, solos, and businesses-of-one who are making it happen...

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