Everything About Self-Employment

Accounting SoftwareConsultingFreelanceSelf-EmploymentBookkeepingTaxSmall BusinessAccounting

Best Accounting Software for Consultants: What to Use and Why It Matters

Consultants have unique accounting needs: time tracking, project-based billing, and self-employment taxes. Here's how to choose the best accounting software for your consulting practice — from FreshBooks to Xero to Wave.

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How to Pay Yourself from an LLC: Salary vs. Owner's Draw Explained

Learn how to pay yourself from an LLC using owner's draws or salary, understand the tax implications of each LLC tax classification (sole proprietorship, partnership, S-corp, C-corp), and discover when an S-corp election can save you thousands in self-employment taxes.