From Net Paychecks to Tax Clarity: A Smarter Payroll Approach for Entrepreneurs

As an entrepreneur, you’re probably used to doing a little bit of everything, including figuring out your own paycheck. Many entrepreneurs pay themselves a net amount. Maybe you write yourself a check for exactly what you need to cover your bills and then you sort of cross your fingers and hope you’ll sort out the taxes later. But that can lead to a lot of stress at the end of the year when you suddenly have to figure out what you owe in self-employment taxes.

Instead, imagine having a clearer picture from the start. By calculating your gross pay upfront and letting a tool handle the taxes for you, you’ll know exactly what’s going into your pocket and what’s set aside for taxes. That means no surprises when tax season rolls around, and a lot less guesswork.

This is where Lasinja comes in. With Lasinja, you can easily enter the net amount you want to take home and let the software figure out the gross wages for you, factoring in all the taxes right away. That way, you’re not left scrambling to figure out what you owe at the end of the year, and you’ve got nice, clean documentation to keep you on track.