Menu

I'm Jamie — Profit Strategist and Financial Literacy Coach.

Reading suggestions

Affordable Tech

Profit First: My Love/Hate Relationship

Hobby Loss Rule - Side Hustlers Beware

As a small business owner, you may not know about the best business banking accounts available online (for free!) And it may be tempting to use your personal bank account for your business transactions because it seems easier to get started. However, maintaining a separate business checking account offers numerous business tools and advantages. Long […]

Banking

The Best Business Banking Accounts To Boost Your Business

Find out why you need to have a business checking account for your business - even your side hustle!

read now

Are you the proud owner of an S Corporation? Are you wondering if you can hire your children without setting up a family management company? If you want the associated tax benefits, look no further! In this comprehensive blog post, we will delve into the specifics of hiring your family members in an S Corp. […]

S Corp

How to Set Up a Family Management Company To Hire Your Kids

Setting up a family management company, how to hire your kids. Jamie Trull smiles while her children sit on her lap in her office.

read now

You might think that Quickbooks Self Employed makes sense for your business. At the onset it looks good. I mean, it’s QuickBooks brand, and it’s the cheapest option. As a self-employed business owner, I know you want to take managing your finances from complex and time-consuming to simple and fast. But there are numerous tools […]

Accounting Software

Quickbooks Self Employed Review: What I Recommend Instead!

Quickbooks Self Employed Review: And what I recommend instead!

read now

This post is sponsored by RUN Powered by ADP® Platform. All opinions expressed are my own. Offering retirement benefits might seem like something only big corporations can afford, but what if I told you it’s more accessible and affordable than you think? As a small business owner, setting up a retirement plan for your employees […]

Uncategorized

How to Set Up a Retirement Plan for Your Small Business Without Breaking the Bank

read now

As a small business owner or self-employed individual, small business tax deductions can keep tax season from bringing unpleasant surprises—like a bigger tax bill than expected. But the good news? With proactive planning and smart tax strategies, you can significantly reduce your tax burden and keep more of your hard-earned money. This guide will walk […]

Taxes

Small Business Tax Deductions: Smart Tax Strategies

A professional woman in a business suit holding cash, standing in front of a large pile of money, representing financial success. The text reads "Smart Tax Strategies for Small Business Owners," with the website "JamieTrull.com" displayed at the top. Below, a green banner features icons related to finance, small businesses, and tax savings, including images of entrepreneurs, a sign that says "Saving Money and Reduce Taxes," and a calculator labeled "TAXES." This image highlights strategies like tax write-offs and business insurance to help small business owners reduce their tax burden

read now

Did you know that as a small business owner, you can hire family members to maximize profit and reduce tax liability? One underutilized strategy is hiring family members, including your kids or parents, to shift income into lower tax brackets. This approach not only saves on taxes but also helps you build financial literacy within […]

Hire My Kids

Essential Guide to Hire Family Members: Learn the Benefits

Family members working together in a kitchen, symbolizing teamwork and strategies for legal income tax savings by hiring relatives in small businesses.

read now

In today’s fast-paced entrepreneurial world Quickbooks Solopreneur has emerged as a competitive option for small business owners, freelancers, and side hustlers to stay on top of their finances. Without the right accounting tools, managing expenses, tracking income, and preparing for tax season can feel overwhelming. This is where QuickBooks Solopreneur comes in—replacing QuickBooks Self-Employed and […]

Accounting Software

QuickBooks Solopreneur: A Comprehensive Guide for Small Business Owners and Freelancers in 2025

read now

Selecting between QuickBook subscription levels can feel overwhelming with multiple options like Simple Start, Essentials, Plus, and Advanced. Each plan comes with different features and pricing. This guide will help you understand the differences between the plans so you can decide which is the best fit for your business. Which QuickBooks Online Plan Is Right […]

Accounting Software

2025 Quickbook Subscription Levels: How To Make Your Choice

read now

Are you the parent of a budding entrepreneur and looking for the best bank accounts for kids? Maybe you’re thinking about hiring your child to work in your business? Whether your child dreams of running a lemonade stand or setting up an online shop, managing money effectively is essential for their success. In today’s world, […]

Teaching Kids About Money

Bank Accounts For Kids: Helping Budding Entrepreneurs Manage Money

A classroom scene with children raising their hands eagerly as a young boy in a suit points at a whiteboard displaying a chart. The image highlights topics such as kids savings accounts, savings accounts, saving money, and youth accounts. Text reads: 'The Best Kids Banking Accounts: Learn About Your Options!' The website jamietrull.com is displayed below.

read now

  As a small business owner operating under an S Corporation, it’s vital you calculate your S Corp income correctly. You know the importance of paying yourself a reasonable salary—but how can you be sure that you’re setting it properly in the eyes of the law? Getting audited by the IRS and being asked to […]

S Corp

Calculate S Corp Income Without Making This One Mistake

A businesswoman holding a stack of cash, smiling confidently with text overlay: 'Need Help Setting Your S Corp Salary?' highlighting assistance with S Corp taxes and financial strategies. Website URL: www.jamietrull.com.

read now

Wondering how to file a 1099 without it feeling so hard? Filing 1099s can feel like a daunting task for small business owners. Between understanding the requirements, tracking down contractor information, and ensuring IRS compliance, the process often ends up being time-consuming and stressful. But what if there was an easier, faster way? That’s where […]

Taxes

How To File a 1099: The Easiest and FASTEST Way In 2025

Graphic with the text 'How to Fill Out a 1099 in a Snap,' featuring a zoomed-in section of a 1099-MISC form in the background, highlighting details like 'Federal income tax withheld' and 'reporting payments,' with an illustrated hand snapping its fingers to symbolize ease and speed

read now

We’ve got the Profit and Loss Statement Template Self Employed business owners find easy to use and implement. After years of speaking with small business owners, we know that managing your finances as a self-employed entrepreneur can be overwhelming, especially if you’ve been procrastinating. But with the right tools, you can get everything organized in […]

Accounting Software

Profit and Loss Statement Template: Self-Employed? Let’s Go!

Silhouette of a person holding a walking stick against a vibrant pink sunset background with the bold text 'Conquer Your Money: Simplifying Profit & Loss for Entrepreneurs!' displayed in large letters

read now

If you’re contemplating S Corporation salary vs distribution and asking yourself, “Did I pay myself properly this year?”, you’re not alone. Many business owners struggle with this, especially S Corp owners who need to balance tax efficiency with IRS regulations. In this guide, we’ll dive into how to pay yourself properly, the concept of reasonable […]

S Corp

S Corporation Salary vs Distribution: How To Pay Yourself

A smiling woman in a red sweater holds cash in her hand against a bright yellow background. The text overlay reads, "Did you pay yourself properly in your business?" with the URL "JAMIETRULL.COM" below. The image emphasizes the importance of managing taxable income effectively as a business owner

read now