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Frequently Asked Questions

How much does Collective cost?

We make Collective affordable with bite-sized monthly payments. You get everything you need to start and run your self employed business and take advantage of potential tax savings for just $349/month or $296/month when paid annually. Since our members saved an average of $10,000* in taxes in 2021, Collective pays for itself in just a few months. Plus, it's 100% tax-deductible – how great is that?

What's included in the price?

The price includes filing a single-member LLC and S Corp tax election, getting your EIN number, monthly bookkeeping services and financial reporting. You also get your very own accounting and tax advisor, who will file your business taxes and give you year-round tax support. All Collective plans include monthly bookkeeping and payroll.

What's not included in the price?

The price doesn't include third-party fees (such as fees and taxes charged by your city, state or the federal government), individual federal and state tax return preparation and filing, business license filing fees and other license fees, which vary by city.

Does Collective have a setup fee?

Yes, there is a one-time Onboarding fee of $199. This fee goes toward ensuring that your business is set up correctly, registered with the appropriate agencies, and in compliance with payroll requirements. This fee also covers catching up and cleaning up your year-to-date bookkeeping, regardless of the number of transactions.

What's Collective?

Collective is the first back-office system designed for self-employed business owners that lets them focus on their passion, not their paperwork.

What services does Collective offer?

With Collective, you get accounting, monthly bookkeeping and financial statements, payroll support, administration, S Corp formation, annual business tax filings, and quarterly tax support.

How does Collective help with tax savings?

Your team of advisors is here to help you get the most out of your S Corp. We ensure that your bookkeeping is up to date and that your personalized tax advice is based on real, accurate numbers.

Why doesn't Collective support all businesses?

Even though we'd love to help everyone, our goal is to assist those who'd benefit the most from our services. Full-time solopreneurs, like marketing consultants, coaches, designers, software developers and creatives who make over $60,000/year, find the most value in Collective. Many of our members come from referrals, so if you know someone we should talk to, let us know.