Tax Services for Solopreneurs & Small Business

Maximize Deductions, Minimize Tax Liability

Build Your Business, Not Your Tax Bill

Running your own business is hard enough. Let me handle the tax complexity so you can focus on growth.

As a solopreneur and small business owner myself, I understand the unique challenges you face. From tracking deductible expenses to navigating quarterly estimated payments to choosing the right business entity, I'll help you make smart tax decisions that support your business goals.

Starting at $260

Comprehensive Schedule C preparation with tax planning

What's Included

  • Schedule C Filing - Properly report business income and maximize deductions
  • Estimated Tax Planning - Calculate quarterly payments to avoid underpayment penalties
  • Home Office Deduction - Maximize this valuable deduction using the simplified or actual method
  • Entity Selection Guidance - Should you form an LLC? When does S Corp election make sense?
  • Self-Employment Tax Optimization - Strategies to reduce the 15.3% SE tax burden
  • Retirement Contribution Planning - Solo 401(k), SEP IRA, or SIMPLE IRA analysis

Common Solopreneur Tax Issues I Handle

Quarterly Estimates

Missing estimated payments leads to penalties. I'll calculate what you owe each quarter and help you plan cash flow to make these payments on time.

Business vs Personal Expenses

The line between personal and business expenses can be blurry. I'll help you properly categorize expenses and maintain documentation the IRS requires.

LLC vs S Corp Decision

Once your business income exceeds certain thresholds, an S Corp election can save thousands in self-employment taxes. I'll run the numbers for your situation.

Deduction Maximization

Many solopreneurs miss valuable deductions like the QBI deduction, vehicle expenses, and startup costs. I'll ensure you claim everything you're entitled to.

Tax-Saving Strategies for Business Owners

Beyond basic compliance, I help you implement proactive tax strategies:

  • Qualified Business Income (QBI) Deduction - Potentially deduct 20% of your business income
  • Section 179 & Bonus Depreciation - Immediately expense business equipment and vehicles
  • Retirement Plan Contributions - Deduct up to $69,000 (2024) with a Solo 401(k)
  • Health Insurance Deduction - Deduct premiums as an adjustment to income
  • Augusta Rule - Rent your home to your business tax-free for up to 14 days
  • Hiring Your Kids - Shift income to lower tax brackets and teach valuable skills

Why I Understand Your Business

Fellow Entrepreneur - I run my own business and understand the challenges

Military Spouse Business Expert - Unique challenges of running a business while navigating PCS moves

ChFC® Credential - Holistic approach to your business and personal finances

Common Business Deductions

Office Expenses

  • Home office deduction
  • Software subscriptions
  • Internet and phone
  • Office supplies

Professional Development

  • Courses and certifications
  • Books and resources
  • Conferences and events
  • Professional memberships

Marketing & Sales

  • Website hosting
  • Advertising costs
  • Business cards
  • Client entertainment (50%)

Travel & Vehicle

  • Mileage (67¢/mile in 2024)
  • Business travel
  • Hotels and meals (50%)
  • Parking and tolls

When Should You Consider an S Corp?

If you're making over $60,000 in business profit, an S Corporation election could save you thousands in self-employment taxes. Here's how it works:

  • You pay yourself a reasonable salary (subject to payroll taxes)
  • Remaining profits are distributed as dividends (not subject to SE tax)
  • Typical savings: $3,000-$10,000+ per year depending on profit level
  • I'll help you determine if the administrative costs are worth the tax savings

Ready to Optimize Your Business Taxes?

Let's build a tax strategy that supports your business growth.

Contact Me