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1099 vs W-2: What It Means for Your Tax Bill
W-2 workers have tax withheld and their employer pays half of Social Security and Medicare. 1099 contractors owe both halves themselves, quarterly.

How Long to Keep Tax Records When Self-Employed
Keep most records three years from filing, six if you may have underreported income by 25% or more, and longer for anything tied to an asset you still own.

IRS Payment Plan vs Offer in Compromise: Which One Fits?
Learn whether an IRS payment plan or Offer in Compromise fits your tax situation, including qualification requirements and actual costs.

What to Expect When the IRS Places a Lien on Your Property
Learn what happens when the IRS files a tax lien, how the process unfolds, and what options you have to resolve it.

Freelancer vs Small Business: Tax Rules Differ
Freelancers taxed as sole proprietors pay 15.3% self-employment tax on everything. Forming an LLC or electing S-corp status changes what that tax applies to.

Business Credit vs. Personal Credit: Differences
Learn how business credit and personal credit differ in tracking, scoring, and legal protection for your LLC or company.

S-Corp Reasonable Salary Rules: What Owners Get Wrong
S-corp owners must pay themselves a reasonable salary based on what comparable jobs pay, not just take profit distributions.

Can I Be My Own Registered Agent for My LLC?
Yes, in every state — if you have a physical street address there and are available during business hours. What that costs in practice, and when to hand it off.

How Long Does LLC Formation Actually Take?
Most LLCs are formed in 1 to 3 weeks, but the range runs from same-day to 6-8 weeks. What decides it: your state's queue, and whether you pay to expedite.
Blog by Segeo — new article every day.