• Skip to primary navigation
  • Skip to main content
Collective

Collective

A blog to help freelancers with taxes - Collective

What we offer

Business setup Form your business the right way Accounting Expert approved, powered by AI Invoicing Get paid faster, without the busywork Payroll Payroll made simple for S Corps Taxes Stress-free taxes for solopreneurs Business insurance Coverage for your business Health insurance Instant and affordable health coverage Support Human expertise + AI speed
Pricing Customers
About us Partnerships Careers We're hiring! Press
Blog Newsletter Webinars

Free tools

S Corp tax savings calculator Estimated tax & extension calculator Tax calendar S Corp admin cost calculator Freelance rate calculator Bill rate calculator
See all free tools →
Login
Business setup Accounting Invoicing Payroll Taxes Business insurance Health insurance Support
Pricing
Customers
About us Partnerships Careers We're hiring! Press
Blog Newsletter Webinars S Corp tax savings calculator Estimated tax & extension calculator Tax calendar S Corp admin cost calculator Freelance rate calculator Bill rate calculator See all free tools
Login
Resources / Authors / Collective Editorial Team

Author

Collective Editorial Team

The Collective Editorial Team is made up of writers, editors, and subject matter experts covering everything solopreneurs deal with — from tax, bookkeeping, and business formation to marketing, growing revenue, and the everyday realities of running a business solo. The team works closely with self-employed business owners to understand what they're actually navigating, and for technical content, leverages authoritative tax and regulatory sources to keep it accurate and current.

Articles published
84
Topics covered
10
Last published
Oct 2026
Collective Editorial Team

What Collective Editorial Team covers

Browse all topics
Community Spotlight 42 articles Business Formation 16 articles Tax Tips 7 articles

Blog | Oct 29, 2026

Collective Raises $100M for Full Stack AI Financial OS Powering the Solopreneur Revolution

SAN FRANCISCO — Collective, the AI-native financial operating system for Businesses-of-One, today announced $100 million in new funding to accelerate its mission of building the agentic…

All articles by Collective Editorial Team

Blog

Collective Raises $100M for Full Stack AI Financial OS Powering the Solopreneur Revolution

SAN FRANCISCO — Collective, the AI-native financial operating system for Businesses-of-One, today announced $100 million in new funding…

Oct 29, 2026 · 4 min read
Community Spotlight

Luke Stone on Building a Studio Where the Work Comes First

There’s a moment in every creative’s career when the business catches up to the dream, and not in…

May 27, 2026 · 4 min read
Blog

How OnlyFans Creators Handle Self-Employment Taxes

TL;DR: If you’re making money on OnlyFans, you are self-employed—and that means taxes are your responsibility. You must…

Jun 12, 2025 · 6 min read
Business Formation

Simple Steps To Forming an LLC in Georgia: Your Comprehensive 2025 Guide

Are you thinking about taking control of your career and building something of your own? Whether you’re launching…

Jun 4, 2025 · 7 min read
Business Formation

How to Pay Yourself as a Business Owner (Without Wrecking Your Finances)

Never pay your rent from your business bank account.It sounds obvious, right? But countless solopreneurs and small business…

Jun 2, 2025 · 7 min read
Blog

Content Creator Tax Deductions You Might Be Missing

If you’re a content creator, there’s a good chance you’re paying more in taxes than you should be—and…

May 29, 2025 · 5 min read
Business Formation

S Corp Application Form (2553)

Special Note: Only Real Pen Ink Signatures Allowed Overview Form 2553 is a foundational document for your S…

Dec 10, 2024 · 2 min read
Blog

Understanding the Differences Between Form 1120-S and Form 1040

What you need to know As tax season approaches, we want to make sure you’re well-prepared for your…

Dec 10, 2024 · 2 min read
Blog

Business Expenses for Social Media Influencers

We LOVE our members that are crushing it as social media influencers. One common area of discussion is…

Dec 10, 2024 · 5 min read
Guides

California – Annual S Corporation Franchise Fee Payment Instructions

Most states follow the federal IRS rules and don’t require S Corps to pay income tax, but California…

Dec 10, 2024 · 5 min read
Blog

Retirement Plans for S Corp Owners

Intro to Retirement Plans The perks of owning your own business are bountiful but one question many S…

Dec 10, 2024 · 2 min read
Blog

Meal and Entertainment Deductions

Business meals are a common expense, but what is tax deductible can be tricky to understand. Also, now…

Dec 10, 2024 · 3 min read
12…7Next page
Showing 12 of 84

We’re glad you’re here!

First, tell us about your business

Net profit = Total revenue - total expenses

  1. Find total revenue. Add up all money your business earned from sales of goods or services during the year.
  2. Subtract your expenses. Deduct all business costs like supplies, rent, utilities, software, contractor payments, and loan interest.

An estimate is fine, you don't need exact figures.

W2 employees are people on your payroll

You withhold income tax, Social Security, and Medicare from their paychecks, and they get a W-2 form from you at the end of the year.

Don't count yourself (even if you pay yourself a salary) or 1099 contractors and freelancers.

I agree to Collective Terms of Service & Privacy Policy. Additionally, by providing phone number to continue, I agree to receive calls, incl. autodialed or prerecorded sales calls, from Collective.

Collective logo

We are experts in the unique needs and challenges of self-employed people and know that our confidence gives others confidence, too. Reach out to say hello and join our team.

We are experts in the unique needs and challenges of self-employed people and know that our confidence gives others confidence, too. Reach out to say hello and join our team.

Products

  • Business setup
  • Accounting
  • Invoicing
  • Payroll
  • Taxes
  • Business insurance
  • Health insurance
  • Support
  • Late S Corp election

Company

  • Home
  • Pricing
  • About us
  • Careers
  • Contact us
  • Partnerships

Resources

  • Blog
  • Guides
  • Help center
  • Testimonials
  • Press
  • Create with us

Legal/Support

  • FAQ
  • Terms of service
  • Privacy policy
  • Security policy

Compare

  • Compare all
  • Collective vs Lettuce
  • Collective vs LegalZoom
  • Collective vs TurboTax
  • Collective vs ZenBusiness

Collective provides a suite of tools, back-office support, and general information. Our services are not intended as tax, legal, or professional advice.

* Savings estimates reflect the average 2023 federal self-employment (SE) tax savings for Collective members with an S Corp tax election, based on business profits that would've otherwise been subject to SE tax. Actual savings will vary based on individual circumstances.

** Based on data sourced from Shopify blog, QBO Essentials, QBO Live, Gusto, Taxfyle, Intuit "Tax Pro" Research, LegalZoom and JustAnswer.com as of August 2025.

† Individual tax return packages are billed as an annual, one-time add-on fee.

© 2026 Collective Hub, Inc. All rights reserved