What exactly is an S Corp?

An S Corp is a tax status that can lower your taxes and save you money as a business-of-one. We'll explain how.

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Stop Overpaying Taxes

Without an S Corp, you’re overpaying your taxes

As a business-of-one, by default your self-employment taxes–which covers things like Social Security and Medicare–are twice what they would be as a W2 employee.

Who is an S Corp For?

Who is an S Corp for?

You are a business-of-one in the US.
You are committed to working for yourself.
You make at least $60,000 a year.

S Corps reduce your self-employment tax

By collecting profits as the Owner of your S Corp, you save thousands on self-employment taxes every year.

Your taxes with Lettuce

*Your actual tax liability depends on more factors (like spouse income or capital gains)

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How much are you overpaying?

The right business structure could save you 

$5,000 - $15,000

a year in taxes

Free VIRTUAL EVENT

Join our S Corp Info Session

Join us for a free online workshop to ask questions about how an S Corp could be right for you.

You’ll learn:

  • Bullet How to save thousands in taxes by setting up your business the right way
  • Bullet When an S Corp makes sense based on your income and goals
  • Bullet How to avoid common mistakes that cost solopreneurs serious money
  • Bullet Expert answers to your questions during a live Q&A
  • Bullet What steps to take next with confidence
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Is an S Corp right for you?

See if Lettuce can help you keep more of what you earn with our short quiz.

 

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