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Latest / Solopreneur Sessions with Fexingo: One-Person Businesses, Freelancing, and Independent Work

The Solopreneur Tax Trap Explained

Why solo consultants are losing thousands to the self-employment tax and how the new S-corp election strategy changes the math. We break down the exact threshold where it makes sense to elect S-corp status, using a $120,000 revenue example to show the savings on payroll taxes versus standard sole proprietorship filing.

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The skinny

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