How to Show Proof of Income as a Self-Employed Worker

How to Show Proof of Income as a Self-Employed Worker

When it comes to their finances, self-employed workers have quite a few more hurdles to clear compared to salaried employees at major organizations. Freelancing opens up the door to flexibility, but it also comes with headaches—especially when you have to prove how...
Solo 401(k) Spouse Rules & Contributions

Solo 401(k) Spouse Rules & Contributions

Saving for retirement may not be the most exciting thing to think about when setting up your new business, but it is essential for your comfort and security in the future. One of the most advantageous savings accounts is a Solo(k), which is designed for self-employed...
Funding Your Solo 401(k) With Rollovers

Funding Your Solo 401(k) With Rollovers

When you’re ready to go into business for yourself, there’s so much to think about – including a plan for your eventual retirement. Even though it may be decades away, automatic contributions and matches from your old employer might not be enough to carry you through...
4 Tax Planning Tips For Solopreneurs

4 Tax Planning Tips For Solopreneurs

Tax planning is one of the most dreaded tasks for business owners, but preparing well can save you significantly on what you owe to the IRS. Solopreneurs have a long list of deductions they can take to save money on their taxes if they know where to look. From Solo...