by Besolo | Apr 20, 2025 | Blog, Sole Proprietorship vs S Corp
For solopreneurs with a single-member LLC or S corp, mastering S corp distributions is a game-changer for tax savings. As a self-employed independent professional, you’re already tracking self-employment expenses, managing accounting tasks, and collaborating...
by Besolo | Apr 19, 2025 | Blog, Sole Proprietorship vs S Corp
If you’ve selected S corp status for your business, you’ve likely heard the term “S corporation reasonable compensation.” It’s about more than just a paycheck — it’s a compliance requirement that plays a significant role in how the IRS views your salary, payroll...
by Besolo | Apr 18, 2025 | Blog, Sole Proprietorship vs S Corp
For small business owners, navigating IRS tax compliance and whether your LLC or S Corp receives a 1099 or needs to issue one can feel confusing. You’re not alone. But without proper guidance and accountants to demystify the 1099-NEC process, which is pivotal for...
by Besolo | Apr 17, 2025 | Blog, Sole Proprietorship vs S Corp
Choosing the right business structure shapes your taxes, liability, and long-term growth. For small business owners operating as a single-member LLC or S corp, comparing a sole proprietorship versus an S corp helps unlock smarter tax strategies and greater financial...
by Besolo | Apr 16, 2025 | Blog, Sole Proprietorship vs S Corp
Small business owners & solopreneurs with a single-member LLC or S corp often find themselves puzzled by the differences between a sole proprietorship and an S corporation. While sole proprietorships are straightforward and widely used, they don’t provide the same...
by Besolo | Apr 15, 2025 | Blog, Solo 401K Investment Options
Running a business of one is demanding. Between managing clients, paying quarterly taxes, and keeping operations running, long-term planning often falls to the bottom of the list. But if you’re operating as a sole proprietor, or with a single-member LLC/S corp,...
