Let me paint you a picture: it’s tax season, and you’re a solo entrepreneur frantically scrolling through receipts, trying to figure out if you can write off your Spotify subscription because technically you listen to it while working. Your bookkeeping spreadsheet is a mess, and the IRS feels like a looming storm cloud on the horizon. Sound familiar?

That was me, pre-Collective. But now? My bookkeeping stress is gone, my taxes are handled, and I’m saving more money than I ever thought possible. Switching to Collective as a solo entrepreneur has been one of the best business decisions I’ve ever made, and I’m here to tell you why.

What Is Collective?

Before we dive in, let me introduce Collective in case you’re new here. Collective is an all-in-one platform that helps solo entrepreneurs (like you and me!) handle bookkeeping, accounting, and taxes. It’s tailored specifically for people who run their businesses solo, so it’s not a clunky corporate solution—it’s designed for real humans who are wearing 15 hats at once.

They also specialize in helping you set up and run your business as an S-Corp, which can save you a boatload of money. But we’ll get to that in a second.

Why I Switched to Collective

1. Bookkeeping Was My Actual Nightmare

I’m a creative person. I can design logos, write brand copy, and craft a killer Instagram caption—but bookkeeping? Forget it. I hated trying to reconcile expenses and categorize transactions. It was confusing, tedious, and always felt like something I was getting wrong.

With Collective, they handle all of it for me. They categorize my transactions, keep my books tidy, and even send me monthly reports. It’s like having a financial fairy godmother.

2. Taxes Used to Terrify Me

Solo entrepreneurs have a unique tax situation that’s complicated (read: annoying). Before Collective, I felt like I was constantly wondering: Am I setting aside enough for taxes? Should I be paying quarterly? Can I write off this expensive coffee because I brainstormed a client pitch while drinking it?

Collective’s tax experts take care of it all. They calculate how much I owe, handle my filings, and even offer advice to make sure I’m not leaving any deductions on the table. No more tax season panic attacks—just peace of mind.

3. I Wanted to Save Money as an S-Corp

Here’s the juicy part: becoming an S-Corp with Collective has saved me so much money.

• As a sole proprietor, I was paying a fortune in self-employment taxes.
• With an S-Corp, I pay myself a reasonable salary and take the rest of my income as distributions, which aren’t subject to self-employment tax.

Collective walked me through setting up my S-Corp (it was shockingly easy with their help), and now I’m saving thousands of dollars every year.

What I Love About Collective

There are so many reasons I love Collective, but here are the highlights:

1. They Understand Solo Entrepreneurs

Collective isn’t trying to be everything to everyone. They’re laser-focused on helping people like us—freelancers, consultants, and small business owners—manage the unique challenges we face.

2. The Support Is Amazing

Have a question about a weird transaction? Need help understanding how to pay yourself? Collective’s team is always available to help. I’ve never felt like I was on my own, which is saying something when you’re a solopreneur.

3. It’s a One-Stop Shop

Before Collective, I was juggling multiple tools: a bookkeeping app here, a tax advisor there, a separate person to help me set up my business entity. Now? It’s all in one place. Bookkeeping, taxes, and S-Corp management are handled seamlessly.

4. It’s Affordable

Considering how much time and stress they save me—and how much money I save on taxes—the cost of Collective is a no-brainer. Plus, with my promo code (keep reading for the details!), you can try it out with one month free.

How Much Money I’ve Saved with Collective

Let’s talk numbers, because we all want to know if the investment is worth it.

• By switching to an S-Corp, I’ve saved thousands of dollars annually on taxes. Seriously.
• With their help, I’ve also optimized my deductions—so I’m not leaving money on the table or crossing my fingers that I don’t get audited.

Plus, they handle everything efficiently, which has saved me hours of time. And we all know time is money when you’re running a business.

Why You Should Switch to Collective

If you’re a solo entrepreneur who’s tired of juggling bookkeeping, taxes, and business compliance, Collective is 100% worth it. Here’s why:

• You’ll save money (and who doesn’t love that?).
• You’ll feel confident knowing your finances are handled by experts.
• You’ll free up time and energy to focus on what you actually love—your business.

And let’s be real: peace of mind is priceless when you’re running the show solo.

My Promo Code: Try Collective for One Month Free

Collective FAQ’s

How much does collective cost?

They have two payment options; monthly for $349 or annually for $3,552. Yes, it’s pricey. In fact it’s my biggest business expense. But the peace of mind, the savings of being an S Corp, and not having to juggling 6 accounting or tax platforms makes it one million percent worth it to me.

2. Do I need to be an S-Corp to use Collective?

Nope! But if you’re not an S-Corp yet, Collective can help you set one up and take advantage of the tax savings. They make it so easy. Seriously, I did it in 30-minutes in a face mask.

3. Is Collective right for me if I’m just starting out?

What I love about Collective is their onboarding process. Even if you’re not sure if Collective is right for you, their onboarding team is so helpful. And super transparent, which I love. As solo-entrepreneurs, we are constantly being pitched software that is supposed to help our lives. But Collective is really transparent if you’re a good fit now.

4. What’s the biggest benefit of using Collective?

For me, it’s the combination of saving money, reducing stress, and having a trusted team handle the stuff I hate (looking at you, bookkeeping). Plus my tax anxiety is almost non-existent now!