22 results for “LLC”
Learn about the differences between an LLC vs. an S corp and how both classifications affect your 1099 taxes. One of them could help you save money!
This guide breaks down what state actually makes sense for your business from online businesses, foreign entrepreneurs, to real estate LLCs. We'll help you decide which state is the right call for your specific situation.
Yes, you can change your LLC's state through a process called domestication. Learn which states offer real tax advantages, how the process works, and when it's actually worth doing.
A lot of freelancers and contractors want to know, do LLCs get 1099s? That depends on how they're taxed. One of our qualified tax accountants will go over what exactly forming an LLC means when it comes to 1099-MISC.
A sole proprietorship is the simplest type of business structure that enables freelancers to write off as many business expenses as an LLC (or S Corp).
Filing taxes as an LLC doesn't have to be confusing, but the stakes are higher if you get it wrong. Whether you're a solo freelancer who just formed an LLC or a multi-partner business, this guide breaks down exactly what you need to file, what most business owners miss, and how to use the tax code to your advantage this year.
Your LLC structure determines how you get paid, and the default method isn't always the smartest. Discover how owner's draws, S-Corp tax status, and the QBI deduction interact to impact your decision on which method to use to pay yourself.
Many freelancers want to know if it makes sense to start an LLC for their independent contracting work. We'll walk you through the benefits and pitfalls of the limited liability company, from the tax implications to the legal issues. We'll also break down your other options and show you which path will give you the biggest tax savings, depending on your freelance income.
Self-employment tax, also known as FICA, is the cost of Social Security and Medicare that is required of all self-employed individuals. Find out how to calculate, reduce, and pay this tax.
Can freelancers collect unemployment benefits? Here's all you need to know about getting unemployment benefits when self-employed.
Yes, ChatGPT, Claude, and other AI subscriptions are tax deductible if you're self-employed and use them for work. Here's exactly how to claim it on your Schedule C when you file your taxes!
Most self-employed parents have never heard of this IRS-approved strategy: pay your kids, deduct the wages, and owe almost nothing on that income. Here's how it works.
See when creators can deduct AI video, clipping, avatar, and audience tools — plus how to split personal use and document each write-off.
See which ecommerce AI tools online sellers can deduct for listings, product photos, customer support, and ads—and how to document them.
