TooziA Collective alternative for people who don't need an S-corp yet
The short answer: Collective is a full back office for one-person S-corporations: entity setup, monthly bookkeeping, payroll, and tax filing, at roughly $349 a month (about $296 billed annually) as of 2026. Toozi is for the much larger group of self-employed people who file a Schedule C — it keeps the books, estimates quarterly taxes, and e-files the 1040, all by text, for $49 a month. If you have elected S-corp status and need payroll, Collective is the right tool. If you are a sole proprietor or single-member LLC, Toozi does the job at a seventh of the price.
| Toozi | Collective | |
|---|---|---|
| Built for | Sole proprietors and single-member LLCs (Schedule C) | One-person S-corporations |
| Price | $49/mo flat | Roughly $349/mo (about $296/mo annual) as of 2026 |
| How you use it | Real SMS — no app | Web dashboard + assigned team |
| Payroll | Not included (sole proprietors don't run payroll for themselves) | Included for the owner |
| Bookkeeping | Automatic from bank + text, you confirm the unsure ones | Done monthly by their team |
| Tax filing | E-files the 1040 with a Schedule C per business | S-corp return (1120-S) + personal return |
| Multiple businesses | Separate books per hustle, one price | One entity |
Where Toozi wins
- You are probably not an S-corp. Most side hustles and solo trades file a Schedule C. Paying for S-corp payroll and an 1120-S you do not need is the most expensive way to do bookkeeping.
- A seventh of the price. $49 versus roughly $349 a month. That difference is a lot of clipper blades, lash kits, or gas.
- Zero meetings. Text an expense between clients. Collective is a service relationship with onboarding and a team; Toozi is a thread.
Where Collective might fit better (the honest part)
- If you net well into six figures and have elected S-corp status, you need payroll, an 1120-S, and someone tracking reasonable compensation. That is exactly Collective's product.
- If you want humans doing the monthly books and a team to email, Collective includes that; Toozi is software with human support, not a bookkeeper on staff.
FAQ
Should I become an S-corp?
Usually only once net profit is high enough that the self-employment tax savings beat the cost of payroll, a separate return, and services like Collective. Toozi can show you your running net profit so you can have that conversation with a tax pro when the numbers justify it.
Does Toozi file S-corp returns?
No. Toozi e-files Form 1040 with a Schedule C for each business. If you are an S-corp you need an 1120-S, which Toozi does not prepare.
Can I start with Toozi and move to Collective later?
Yes. Your books export, and clean Schedule C history makes an S-corp election conversation much easier.
Schedule C filer? Try Toozi free for 14 days — text "start" to (844) 482-4881.
Get Started Free →or text START to (844) 482-4881