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Bringing S Corp Tax Savings to Businesses of Exactly One Person

Bringing S Corp Tax Savings to Businesses of Exactly One Person

S Corp election has long been associated with meaningful tax savings, but the administrative complexity — payroll, reasonable salary calculations, quarterly filings — has traditionally made it impractical for genuinely solo operators without a dedicated accountant. Lettuce was built specifically to automate that complexity away, making S Corp tax treatment genuinely accessible for businesses of one.

End-to-end entity setup in one platform

Rather than requiring separate services for LLC formation, S Corp election, and banking, Lettuce handles LLC formation, S Corp election (including mid-year and retroactive options), EIN acquisition, and business banking all within a single setup process — described as taking roughly 10 minutes of user input before the platform handles the rest.

Automatic income allocation without manual tracking

When income arrives in a Lettuce account, the platform automatically splits it between a Salary & Taxes account and a Primary account — removing the manual mental math and tracking that solopreneurs would otherwise need to do themselves to ensure enough is set aside for taxes and payroll obligations.

IRS-guided reasonable salary calculation

A core requirement of S Corp tax treatment is paying yourself a "reasonable salary" rather than taking all income as distributions — Lettuce calculates this figure using IRS guidance directly, removing the guesswork and back-of-envelope estimation that solopreneurs managing this manually often struggle with.

Monthly tax payments instead of quarterly stress

Rather than the traditional quarterly estimated tax payment cycle that catches many self-employed people off guard, Lettuce pays federal and state taxes monthly through payroll — spreading the tax burden more evenly and removing the need to track specific quarterly deadlines.

Included business tax return filing

Form 1120-S (the S Corp business tax return) is included in all Lettuce plans — a service that would otherwise typically require hiring a separate accountant at an additional cost each tax season.

AI-powered real-time bookkeeping

Lettuce categorises transactions automatically and in real-time using AI, with the ability to connect business credit cards directly — keeping books current throughout the year rather than requiring a stressful end-of-year reconciliation effort.

Built specifically for a defined audience

Lettuce positions itself explicitly for solopreneurs and businesses-of-one — freelancers, consultants, creators, and independent contractors in service-based work — rather than being a generic small business accounting tool stretched to also cover solo operators as an afterthought.

Zero upfront cost for entity formation

The core LLC formation and S Corp election process comes at zero upfront cost — with Lettuce instead operating on a subscription model tiered by income level, meaning the cost structure scales with what the business is actually generating rather than requiring a large initial outlay regardless of revenue.

At a glance

Who it suits

This is general information, not tax or financial advice — anyone considering S Corp election should confirm it genuinely makes sense for their specific income level and situation, since the tax savings only outweigh the added administrative requirements above a certain income threshold. Explore Lettuce — **

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