Skip to the main content.
Get Started
Get Started

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.

Get a Savings Estimate
SCorp-header-min
2x chart

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.

Unlock tax savings with an S Corp

An S Corp is a tax classification that lets you be both the owner of your company and its sole employee. This means you pay yourself a salary as an employee, and also collect profit as an owner. Those profits aren’t subject to self-employment tax, saving you thousands.

_prod_ image@2x

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.

table detailing how an S Corp saves on your taxes

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

Lower your taxes. Maximize your profits.

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

Calculate Your Savings
Lettuce_HomeTopRow-min

Lettuce is the only automated S Corp solution

Money saved
$
10000

on average for businesses-of-one

Time saved
10
+ hr

saved per month

Solutions needed
1

for your S Corp creation and maintenance

Lettuce supports your whole business

Incorporation

Incorporation

Lettuce initiates your S Corp setup in minutes and handles all the paperwork.

Banking

Banking

Our system integrates with your bank to seamlessly manage all of your business finances.

Accounting

Accounting

Say goodbye to tax day dread. Lettuce will make sure you miss a deadline again.

Bookkeeping

Bookkeeping

Our automated expense tracking and financial reports slash hours from your bookkeeping.

Tax Optimization

Tax Optimization

Lettuce works on your behalf all year long to maximize savings and minimize your tax burden.

Payroll

Payroll

S Corps are required to run official payroll for your salary, even if you're the only employee. Lettuce automates for you.

Lettuce Savings Graphic 15k

See how much you could save with an S Corp

Forming an S Corp can help you minimize your taxes and maximize your profits. Use our calculator to find out how much could you be saving.

Calculate Your Savings
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.

webinar_Gabrielle-min

Gabrielle Tenaglia, Speaker
Lettuce Head of Marketing & S Corp Owner

RSVP to Secure a Spot

Reserve your spot now to learn everything you need to know about S Corps.

Lettuce pays for itself in months

 

Your tax savings are guaranteed* with Lettuce (or we will refund your fees), so a subscription quite literally pays for itself, and then some. Plus, Lettuce is completely tax deductible.

Lettuce Pro

$299 /mo.*

No credit card required

Cancel anytime without penalty

100% tax deductible

You don’t pay until your
clients pay you

FAQs

Try the Lettuce Tax Savings Calculator

How much are you overpaying?

The right business structure could save you 

$5,000 - $15,000

a year in taxes

Ready to save time, money, and hassle?

Join Lettuce Now

Related Resources

When is The Best Time to Become an S Corp?
If you're a solopreneur, freelancer, or contractor looking to maximize your tax savings, you’ve probably wondered, “Can you set up an S Corp in any...
Boost Your S Corp Tax Savings with Home Office Deductions
Are you self-employed—whether as a solopreneur, contractor, or freelancer—struggling with receipts and expense tracking? Curious if you’re maximizing...
Self-Employment Tax Essentials: Transitioning from Employee to Business-of-one
Navigating self-employment taxes can be daunting for any new business-of-one. Understanding what these taxes entail is essential for maintaining your...