If you’re a sole proprietor or receive 1099 income, you’re likely overpaying in self employment tax without realizing it. Our Certified Public Accountants (CPAs) specialize in Schedule C tax preparation, helping self employed business owners maximize deductions, reduce self-employment tax, and keep more of what they earn.
Freelancers & Independent Contractors
Ensure 1099 tax form filing accuracy & avoid IRS
mistakes.
Side Hustlers & Gig Workers
Take advantage of tax deductions for self-employed business owners.
Small Business Owners
If your net profit exceeds $60K, we’ll help you determine if an S Corp election will save you thousands.
Self-Employed? Let’s Maximize Your Schedule
C Tax Savings
If you’re a sole proprietor or receive 1099 income, you’re likely overpaying in self employment tax without realizing it. Our Certified Public Accountants (CPAs) specialize in Schedule C tax preparation, helping self employed business owners maximize deductions, reduce self-employment tax, and keep more of what they earn.
Freelancers & Independent Contractors
Ensure 1099 tax form filing accuracy & avoid IRS
mistakes.
Side Hustlers & Gig Workers
Take advantage of tax deductions for self-employed business owners.
Small Business Owners
If your net profit exceeds $60K, we’ll help you determine if an S Corp election will save you
Most Self-Employed Business Owners Overpay in Taxes—Are You?
If you’re filing Schedule C as a sole proprietor, you’re paying 15.3% self-employment tax on 100% of your net profit—plus federal and state income taxes. The right tax strategy can significantly reduce your tax burden.
Most Self-Employed Business Owners Overpay in Taxes—Are You?
If you’re filing Schedule C as a sole proprietor, you’re paying 15.3% self-employment tax on 100% of your net profit—plus federal and state income taxes. The right tax strategy can significantly reduce your tax burden.
Self-Employed?
Maximize Tax Savings
with your Schedule C
Once your Schedule C net profit exceeds $60,000, an LLC with an S-Corp tax election could help save you thousands in unnecessary FICA payroll taxes by allowing you to split your income into a salary + distributions.
S-Corp Lowers Your Taxes
Only pay FICA taxes on your reasonable W-2 salary.
S-Corp Increases Your Cash Flow
Keep more profit by shifting taxable income to distributions.
S-Corp IRS Audits are Lower
S-Corps tend to face less IRS scrutiny than sole proprietors.
Self-Employed?
Maximize Tax Savings
with your Schedule C
Once your Schedule C net profit exceeds $60,000, an LLC with an S-Corp tax election could help save you thousands in unnecessary FICA payroll taxes by allowing you to split your income into a salary + distributions.
S-Corp Lowers Your Taxes
Only pay FICA taxes on your reasonable W-2 salary.
S-Corp Increases Your Cash Flow
Keep more profit by shifting taxable income to distributions.
S-Corp IRS Audits are Lower
S-Corps tend to face less IRS scrutiny than sole proprietors.
Frequently Asked Questions (FAQs)
💡 Can I deduct business expenses as a sole proprietor?
✅ Absolutely! We ensure you claim the basics—home office, mileage, and cell phone—but we don’t stop there. Our tax team proactively identifies overlooked deductions to legally reduce your taxable income as much as possible.
💡 How do I know if an S-Corp is right for me?
✅ If your net profit exceeds $60K, we analyze whether an S-Corp election will actually save you thousands in self-employment tax—learn more here. We only recommend an S-Corp when the tax savings outweigh the additional filing costs, ensuring it’s the right move for your business.
💡 Can a CPA help with my 1099 tax forms?
✅ Absolutely! We ensure 1099 NEC, W9 tax form, and 1099 tax form filings are accurate to avoid IRS penalties and maximize deductions. Unlike tax software that just processes numbers, our team proactively looks for tax-saving opportunities—ensuring you don’t leave money on the table.
💡 Can you file my taxes virtually?
✅ Yes! We offer virtual CPA tax services so you can securely file your Schedule C tax return from anywhere.
Frequently Asked Questions (FAQs)
💡 Can I deduct business expenses as a sole proprietor?
✅ Absolutely! We ensure you claim the basics—home office, mileage, and cell phone—but we don’t stop there. Our tax team proactively identifies overlooked deductions to legally reduce your taxable income as much as possible.
💡 How do I know if an S-Corp is right for me?
✅ If your net profit exceeds $60K, we analyze whether an S-Corp election will actually save you thousands in self-employment tax—learn more here. We only recommend an S-Corp when the tax savings outweigh the additional filing costs, ensuring it’s the right move for your business.
💡 Can a CPA help with my 1099 tax forms?
✅ Absolutely! We ensure 1099 NEC, W9 tax form, and 1099 tax form filings are accurate to avoid IRS penalties and maximize deductions. Unlike tax software that just processes numbers, our team proactively looks for tax-saving opportunities—ensuring you don’t leave money on the table.
💡 Can you file my taxes virtually?
✅ Yes! We offer virtual CPA tax services so you can securely file your Schedule C tax return from anywhere.
Our first year using Insogna CPA. They did an outstanding job. They were responsive, understanding, and proactive. Chase and his team have been very supportive, especially at this time, and helped us with our business transitions. They respond quickly and professionally. They assisted us with critical decisions and planning, working on our accounting, tax and payroll needs..
Update 2/28/2023
After several years now, Insogna CPA is consistently providing us with outstanding service for both business and person taxes and accounting.
The Insogna team has not only met but exceeded my expectations in every way possible. From the initial consultation to the final delivery of services, their professionalism, expertise, and dedication truly stood out.
The Insogna team representatives not only met my expectations but continually exceeded them in every way. I would highly recommend your services to anyone in need of expert financial guidance and support. Insognas dedication to client satisfaction and exceptional level of service make them a valuable asset to any team.
I am a small business owner and have been overwhelmed with doing my own books and dealing with non communicative and untimely accountants. I have found Chase and have been very happy with his services. His tax returns are timely, he is fast to respond to your emails even outside of regular working hours.
Just the other day he saw some trends in my business and asked to meet with me without my prompt. He dedicated an entire hour and gave us pertinent and actionable advice to make our business more efficient and profitable.
If you are looking for a professional, timely and serious CPA look no more!