Inspiration and advice on leveling up your Business-of-One.
Featured Blog
A New Era of Entrepreneurship
We built Collective with a singular belief – people who work for themselves deserve the same financial capabilities as the world’s largest companies. Today,…
Featured Blog
The Sole Proprietor’s Mid-Year Check-In: Is Your Setup Still Working for You?
Most people who start working for themselves don’t sit down and choose a business structure. They start taking clients, get paid, and keep going…
Featured Money Management
Payroll Solutions for Solopreneurs: A Comparison Guide
When you make an S Corp election, running payroll becomes part of your required compliance. It’s one of the more significant operational shifts that…
Featured Blog
Collective Welcomes Open Ledger
Today, we’re excited to share that Collective has acquired Open Ledger. When we started Collective, we were driven by a simple purpose. Self-employed people…
Featured Blog
Faces of Collective: Urina Harrell on Building With Intention
Urina Harrell was still a teenager when she began laying the foundation for what would eventually become Vox Pop Branding. At 19, while studying…
Featured Blog
Introducing Collective Accounting: The first AI-powered accounting suite for solopreneurs
Today, we’re excited to announce the launch of Collective Accounting, the first AI-powered, integrated accounting suite, designed for Businesses-of-One. With Collective Accounting, members can…
Featured Blog
Collective Predicts Videography Will be 2024’s Most Lucrative Category of Business-of-One
Collective today named Videography the standout category of Business-of-One for 2024, citing its superior profitability and growth trends and the independent nature of work…
Featured Blog
Tax Requirements When Hiring a Foreign Contractor
Solopreneurs and small business owners often turn to outside help when they don’t have enough time to accomplish a task or need someone with…
Featured Blog
Beating the Odds: U.S. Solopreneurs Find Success Amid Economic Challenges
We’re delighted to announce the release of the second edition of the Collective B1 Economic Report, which offers a window into the financial performance…
Featured Blog
Dennis Belogorsky – Independent Video Producer and Brand Storyteller
Revealing the Story Whether on-set or traveling the globe, Dennis Belogorsky is building his own story one film at a time. “Working for yourself…
Featured Blog
LLC vs. PLLC: Which is Best for Your Business
Many business owners are familiar with limited liability companies (LLCs), but fewer know about professional limited liability companies (PLLCs). Both LLCs and PLLCs offer…
Featured Blog
Jordan Robinson WNBA Writer and On-Camera Host
Calling Her Own Shots To some, the move to freelance feels natural. Not to Jordan Ligons Robinson. “I am a capital-P Planner,” she says.…
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Tax Tips
All Tax Tips posts
Self-Employment Tax Explained: A Guide for Freelancers & Contractors
Self-employment tax explained for freelancers: the 15.3% rate, how to calculate it, a table…
Content Creator Taxes: A Complete Guide for Influencers & Creators
Ad revenue from one platform counts as income. So does a brand deal paid…
W-2 and 1099 Income in the Same Year: How to Handle Your Taxes
Have a W-2 job and 1099 income? Here's how self-employment tax, quarterly payments, and…
7 Best Mileage Tracking Apps for Solopreneurs in 2026
Every client meeting, supply run, and job site visit adds miles to your odometer.…
High-Impact Ways to Reinvest Your Tax Refund Into Your Business
A tax refund feels like found money. It isn’t. It means you overpaid throughout…
Is an S Corp Worth It at $100K in Business Profit?
Earning $100K in business profit? Here's how the S Corp tax savings work, what…
You Missed the Tax Deadline and Didn’t File an Extension. Here’s What to Do.
April 15th came and went. You didn’t file a return, and you didn’t file…
S Corp Disadvantages (and Advantages) Every Solopreneur Should Understand
The S Corp election has a reputation for significant tax savings, and in the…
S Corp Back-Office Options: DIY, Traditional Firm or Integrated Platform
Electing S Corp status is one of the most impactful financial decisions a solopreneur…
Is an S Corp Worth It at $150K in Business Profit?
If you’re a full-time solopreneur making $150,000 in annual profit, you’re in the range…
How to Run Payroll When You’re an S Corp Owner-Employee and Hiring Contractors
Running a business-of-one often involves wearing many hats, but once you elect S Corp…
January 2026: Key Deadlines for Your Self-Employed Business
It’s January 2026 and while the new year often feels like a fresh start,…
IRS Matching Issues: What They Are and How to Avoid Them
When you’re self-employed and managing your business’s taxes, one of the most frustrating complications…
What Solopreneurs Need to Know About the One Big Beautiful Bill Act (OBBBA)
On July 4, 2025, the One Big Beautiful Bill Act (OBBBA) was signed into…
How OnlyFans Creators Handle Self-Employment Taxes
If you earn money on OnlyFans or another subscription platform, the IRS generally sees…
Content Creator Tax Deductions You Might Be Missing
If you’re a content creator, there’s a good chance you’re paying more in taxes…
Understanding the Differences Between Form 1120-S and Form 1040
What you need to know As tax season approaches, we want to make sure…
How Can a Tax Advisor Benefit My Business
You started your business, and when it comes to taxes, you have no idea…
1099-K for LLC and S Corp Owners
As a small business owner, you’re responsible for reporting your business activity to the…
What is Form W-8BEN
If you are a non-resident alien working outside the United States and receiving U.S.…
Bookkeeping
All Bookkeeping posts
Best CPA for Influencers? Why an Accounting Platform May Be Better
Brand deals, platform payouts, and free products add up. Here’s how to decide who…
October Tax Deadlines: What’s Due and What Happens If You Miss It (2026)
What's due October 15 and what isn't. Extension deadlines, penalties for filing late, and…
Best Bookkeeping Software for Solopreneurs: A Comparison Guide
Compare top bookkeeping software for solopreneurs by business structure, not just features, to find…
Getting Paid in Digital Currency: Bitcoin, Ethereum, USDC, and More
In the digital world, customers and clients may want to pay you with digital…
Bookkeeping Guide for Real Estate Agents
As you embark on your journey as a real estate agent, don’t forget about…
What is Bookkeeping?
TL/DR Version Bookkeeping is the systematic recording, organizing, and tracking of a business’s financial…
Why Bookkeeping Is Important: The Basics
You may be wondering what bookkeeping is – and how it can help your…
How To Use Financial Reports To Run and Scale Your Business
Every month, companies large and small work to compile monthly financial reports – basically…
How to Choose an Online Bookkeeping Service as a Business-of-One
Running your Business-of-One comes with tons of benefits – and freedom in the way…
How to write off your S Corp mileage using QuickBooks online
So you’ve been traveling to meet clients and running errands for your S Corp. …
The Best Payroll Provider for Freelancers
Let’s be real: payroll is one of those things in your business that you’ve…
What Every Freelancer Should Know About Bookkeeping
Let’s talk about bookkeeping, shall we? No, you don’t want to? You’d rather watch…
Setup Your Business
Collective makes setting up and running your freelancing business simple and affordable while saving you some serious money on taxes. See how much you could save with Collective.
Estimate Your Tax SavingsBusiness Setup
All Business Setup posts
Sole Proprietorship vs S Corp: Which Is Right for You?
A sole proprietorship is the simplest way to be self-employed: no formal setup, and…
What Is an Artist Corporation? Colorado’s New Business Structure for Artists, Explained
Colorado recently created a new business structure for artists, and the name is already…
LLC vs S Corp in New York State: Which Is Right for You?
If you run a Business-of-One in New York State, the LLC vs S Corp…
LLC vs S Corp in New York City: Which Is Right for Your Business?
If you live or do business in the five boroughs, the LLC vs S…
LLC vs S Corp in Georgia: Which Is Right for You?
If you run a Business-of-One in Georgia, the LLC vs S Corp decision starts…
LLC vs S Corp in Florida: Which Is Right for You?
If you run a Business-of-One in Florida, the LLC vs S Corp decision comes…
LLC vs S Corp in Texas: Which Is Right for Your Business?
If you run a Business-of-One in Texas, the LLC vs S Corp decision comes…
LLC vs S Corp: The Difference and Tax Benefits in California
If you run a Business-of-One in California, the LLC vs S Corp decision has…
What Is the Best Business Structure for Real Estate Agents in 2026?
You closed a big sale, the commission check hit your account, and then tax…
The Real Cost of an S Corp (And When the Savings Are Worth It)
The S Corp election gets pitched as a tax-savings move. What doesn’t get pitched:…
Your LLC Turns One. Here’s What to Do Next.
One year in means something. You have real income, real expenses, and at least…
You Just Formed Your LLC. Now What?
Forming an LLC is a real milestone. You’ve got a legal business structure, liability…
Switching to an S Corp Mid-Year: What to Know Before You Do It
The S Corp election is one of the more impactful decisions a solopreneur can…
LLC vs. S Corp for Creators: Your Questions Answered
If you’ve spent any time in creator communities, you’ve probably seen the conversation loop:…
The Best Structure for Solo Consultant Taxes
Running a consulting practice means wearing every hat. Account executive, project manager, delivery lead,…
Formation Solutions for Solopreneurs: A Comparison Guide
For a solopreneur, forming an LLC is one of the most consequential early decisions…
Why Athletes Need an LLC: Building a Foundation for Your Career
For a student-athlete or a rising star navigating the world of Name, Image, and…
NIL Income Is a Business: Why Athletes Are Switching to an S Corp.
The first time a brand deal hits your account, it’s a flex. You’re still…
How to Look Up Your Business Entity and Check Your Good Standing
Whether you are just starting out or have been in business for years, maintaining…
Forming an S Corp vs. Accepting a W-2 Role: Pros and Cons
If you’re exploring a new role, you may be asked to choose between traditional…
Money Management
All Money Management posts
S Corp Financial Management: A Plain-Language Guide for Solopreneurs
You set out to do your craft, not to run payroll and chase tax…
Best Business Bank Accounts for Solopreneurs in 2026
Your business income and your grocery budget don’t belong in the same account. The…
Payroll Solutions for Solopreneurs: A Comparison Guide
When you make an S Corp election, running payroll becomes part of your required…
How S Corp Owners Navigate Mortgage Approval
One of the most persistent anxieties in self-employment is the mortgage question. Will lenders…
Retirement Plans for S Corp Owners
Intro to Retirement Plans The perks of owning your own business are bountiful but…
What is Payroll?
TL/DR Version Payroll is the process of managing wages, salaries, and taxes for your…
4 Retirement Savings Options For The Self-Employed
Retirement accounts are important for anyone who wants to retire someday. When you work…
5 Personal Finance Best Practices for Six-Figure Business Owners
You must be doing something right since your business is scaling to the multi-six…
How to Account for Health Insurance, Vacation Time and Other Benefits in your Hourly Rate
The topic of insurance and “benefits” as a full-time freelancer is one that both…
How to Save When You’re Self-Employed and have Inconsistent Income
Dr. Martin Luther King Jr. is believed to be the first to introduce the…
How to pay yourself when you’re self-employed
Payday — these words can sound like music to your ears. After all, you’ve…
How to Run Payroll for an S Corp
You don’t need to be a business with a bunch of employees to run…
How to Use your Personal Financial Identity to Grow your Business
On your self-employed journey, there may be issues and roadblocks that affect the speed…
9 Reflection Questions to Help Your Business Level Up Next Year
As a busy business owner, you’re probably concerned about looking towards the future. After…
How the 80/20 Rule Helped me 3x my Revenue in Less than a Year
If you don’t have a finance or accounting background, it may not always be…
How to Create an Authentic Budget for Your Business
When it comes to creating a budget for your business, there’s more than one…
Create a Better Business Using Values-Based Spending
Whether you’re just starting out or have been freelancing for years, the question of…
Level Up Your Freelance Finances with These Expert Tips
When you first started your business, you probably put some effort into your finances.…
How to Pay Yourself When You’re a Freelancer
Whether you’re first starting out as a freelancer or you’re a self-employed freelancer who’s…
How Much Should You Pay Yourself? S Corp Salary Guide for Freelancers
Many Business-of-One owners with an LLC elect S Corp tax treatment because of the…
Small Business Hacks
All Small Business Hacks posts
Unlocking the Zone of Genius: What the Right Support Actually Looks Like for Solopreneurs
Running a business alone means wearing every hat, all the time. The invoicing hat,…
The S Corp Owner’s Mid-Year Check-In: Is Your Structure Doing What It Should?
If you’re running your business under an S Corp election, mid-year is a worthwhile…
The Sole Proprietor’s Mid-Year Check-In: Is Your Setup Still Working for You?
Most people who start working for themselves don’t sit down and choose a business…
Self-Employed Retirement Plan Limits Just Changed for 2026: Here’s What’s New
The IRS adjusts retirement plan contribution limits most years, and 2026 brings increases across…
Self-Employed Retirement Plans: 2025 Contribution Limits and Your Best Options
When you work for yourself, no one is automatically setting aside money for your…
Your LLC Turns One. Here’s What to Do Next.
One year in means something. You have real income, real expenses, and at least…
Business Expenses for Social Media Influencers
We LOVE our members that are crushing it as social media influencers. One common…
Meal and Entertainment Deductions
Business meals are a common expense, but what is tax deductible can be tricky…
Differences Between Employee and Independent Contractor
If you’re a business owner, you’ll likely come to a point where you need…
Should I Hire a 1099 Contractor or W-2 Employee?
As your business expands, you might need more help than your current capacity allows.…
How to Build Business Credit
Most people are familiar with the concept of credit scores. Major credit bureaus track…
How To Handle Business Inventory
If your business carries inventory, effective inventory management is critical. Whether you’re running a…
How to Take Parental Leave When You’re Self-Employed
Welcoming a child is exciting, and when you work for yourself, it can also…
The 6 Lead Generation Mistakes to Avoid In Your Solo Consulting Business
This blog is written by guest author Melisa Liberman. Melisa has been an independent…
How To Establish An Effective Lead Generation Routine As An Independent Consultant – A Case Study
It’s common for independent consultants to miss an important step when designing their lead…
Tips for Creatives to Overcome Isolation and Loneliness
Being a Business-of-One has plenty of perks (hello having full control over when you…
How to Turn a Referral Program Into a Main Source of Income
When I discovered Collective almost three years ago, I had little idea of what…
How to improve your payments workflow
As a creator, doing the work is often the easy part. Getting paid? Well,…
Want a sustainable business? Try diversifying your income
I’m sure you’ve heard that the average millionaire has 7 streams of income. I…
7 Tips for Successfully Hiring Your First Freelancer
Learning how to find and hire the right help to scale my business has…
Community Spotlight
All Community Spotlight posts
Luke Stone on Building a Studio Where the Work Comes First
There’s a moment in every creative’s career when the business catches up to the…
How Solopreneurs Can Build a Network That Actually Gets It
The best professional network for a solopreneur isn’t always built around what you do.…
Faces of Collective: Brian Liu and the Art of the Dream Weekend
For many designers, going independent is about reclaiming two things: their time and their…
Faces of Collective: How Itzel Reclaimed Her Creative Flow Through a Modern Back Office
For many creative entrepreneurs, the craft is the easy part. The real challenge often…
Faces of Collective: Urina Harrell on Building With Intention
Urina Harrell was still a teenager when she began laying the foundation for what…
Ashlee Rowland – Holistic Nutritionist
From Accidental Beginnings to Intentional Healing When Ashlee Rowland started sharing recipes on Instagram…
Aaron Ngor – A Fitness Consultant
From Backup Dancer Dreams to Elite Athletics: How One Injury Changed Everything Meet Aaron…
Milan Clarke – Social Media & Photography Agency
Making brands pop Milan Clarke is a marketer, photographer, California native, and moment-maker for…
Cameron Gurr – Pro Resume Writer
Cameron Gurr (he/him) is an innovator, former Disney cast member, and pro resume writer. …
Jason Polevoi – Documentary Filmmaker, Producer, and Taco Lover
Directing Real Life Jason Polevoi is a documentary filmmaker, director and producer who believes…
Bethany Joy Clark – Community Builder & Fertility Coach
Building hope in community Bethany Joy Clark is following her dreams and building community…
Howie Chan – Brand Builder & Strategist
Reinventing the journey Howie Chan is a marketer who left the science lab to…
Lisa Devenny – Freelance Brand Builder & Graphic Designer
Designing Home Base Lisa Devenny is designing her own future and building community in…
Adele Park – A Freelance Package Designer
Adèle Park is a packaging designer, problem solver, Muay Thai boxer and devoted joy…
Anita Barcsa – Freelance Portrait Photographer
Focusing on connection Anita Barcsa is an artist and photographer fascinated by personal growth,…
Wilian Iralzabal – No Code Designer & Developer
Designing A Better Life Wilian Iralzabal created Zabal Media to design the work-life he…
Olivia Nunn – Veteran, Pageant Queen, and Mental Health Advocate
Sharing What Matters Olivia Nunn is a U.S. Army Officer, communications pro and mental…
Vincent Nguyen – Veteran, Environmental Consultant, & Yogi
Balancing Past and Future Vincent Nguyen is a U.S. military leader turned business-of-one pursuing…
Tasha Jones – Veteran and Government Consultant
Making Growth Simple Tasha Jones is a U.S. military intelligence analyst turned government contract…
Webinars
All Collective Webinars posts
Webinar Recap: Health Insurance Open Enrollment, Simplified for Solopreneurs (October 14, 2026)
Recap of Collective’s October 14, 2026 webinar. Marissa Achanzar, Strategic Content & Education Lead…
Webinar Recap: Business Insurance, Simplified for Solopreneurs (September 24, 2026)
Business insurance for solopreneurs can feel confusing, from figuring out which policy a client…
Webinar Recap: Late S Corp Election for 2026 (September 17, 2026)
If you have a single-member LLC and thought the window to elect S Corp…
Webinar Recap: Tax Moves to Make Before September 15th (September 3, 2026)
The September 15th tax deadline covers two separate obligations for solopreneurs: the extended deadline…
Webinar Recap: S Corp Late Election Relief for 2026 (August 20, 2026)
During a live session on August 20, 2026, Collective’s Marissa Achanzar broke down how…
Webinar Recap: What the April 15th Deadline Actually Means for Solopreneurs (April 7, 2026)
During a live session on April 7, 2026, Collective’s Marissa Achanzar broke down the…
Webinar Recap: Understanding S Corp Late Election Relief (June 23, 2026)
During a live session on June 23, 2026, Collective’s Marissa Achanzar walked through S…
Webinar Recap: LLC vs. S Corp: Which Is Right for Your Business? (August 6, 2026)
Collective hosted a live session breaking down the difference between staying a single-member LLC…
Webinar Recap: Unlocking Better Healthcare for Solopreneurs (July 30, 2026)
Recap of Collective’s July 30, 2026 webinar. Hosted by Marissa Achanzar, Strategic Content &…
Estimate your tax savings
With Collective, freelancers save an average of $10,000 a year. Savings estimates reflect the average 2023 federal self-employment (SE) tax savings for Collective members with an S Corp tax election, based on business profits that would have otherwise been subject to SE tax. Actual savings will vary based on individual circumstances.
Estimate Your Tax Savings