How to pay yourself when you’re self-employed
Payday — these words can sound like music to your ears. After all, you’ve worked hard in your business, it’s about high time you (literally) got paid! Even though the days of getting a regular paycheck from an employer feels long gone, it doesn’t have to be. Sure, your business income may be sporadic but […]
There’s no right way for women to make money
When I first started working for myself, I would feel guilty that I wasn’t doing it “right.” I was home with my then one-year-old son, working part-time trying to grow my writing business and feeling guilty that other people I knew were putting in 40-plus hours a week. In fact, I thought there was something […]
How to Balance your Business and your Life as a Mom Entrepreneur
I started my coaching business in 2019 with the intention of building a flexible schedule and more balance into my life. I was sick of the hours commuting, kids in ten hour daycare and the corporate politics of my 9-5 job. But, when I *actually* started making sales, creating connections and gaining traction in my […]
Two Inspiring Women Share How to Achieve Entrepreneurial Success
The COVID pandemic has had a staggering impact on women in the workforce and gender pay equality. According to the 2021 Retrospective: The Story of Gender Equity From the Past Decade in 10 Trends, the aggregate gender pay gap in the United States has been set back by 22 years and the labor force participation rate […]
How to embrace an ROI mindset and grow your self-employed business
I remember having a conversation with my husband about taking on a $10 gig on Upwork, a freelancer marketplace, shortly after quitting my job to become a full-time freelancer. I worried I was selling myself short, despite the fact that the job was small and could be completed in well under an hour. Not to […]
How to Run Payroll for an S Corp
You don’t need to be a business with a bunch of employees to run payroll. If you’re the owner of a business-of-one, payroll may be an important part of both getting cash into your bank account and your tax-saving strategy. Here’s how you can run payroll for an S Corp to automatically pay yourself for […]
Tax Tips
Bookkeeping
Setup Your Business
Collective makes setting up and running your freelancing business simple and affordable while saving you some serious money on taxes. See how much you could save with Collective.
Estimate Your Tax SavingsBusiness Setup
Money Management
Small Business Hacks
Community Spotlight
Estimate your tax savings
With Collective, freelancers save an average of $16,845 or more in taxes every year. Plus they never have to worry about the legal or tax side of running their business. See how much you could save with Collective.
Estimate Your Tax Savings* Based on average estimated tax savings of active Collective users with over $80,000 net revenue in 2019 ($12,217) and potential savings declared by Intuit Quickbooks TY17 US subscribers that have identified >$10,000 in income and >$0 in business expenses ($4,628)