Entity setup and S-corp elections
We run the numbers before you change anything. If an S-corp election pays off after payroll costs, state fees and the effect on your deductions, we file it, set up payroll and document a reasonable salary you can defend.
Best for: growing sole proprietors and single-member LLCs.
How it works
Model
We compare entity options using your actual income, not rules of thumb.
Decide
You see the realistic net benefit — after payroll, an extra return, state costs and a smaller QBI deduction.
Elect
If it pays off, we file Form 2553, including late-election relief when you're eligible.
Set up
We set up payroll and an accountable plan, and document a reasonable salary with a compensation study.
Why it matters
An S-corp can reduce payroll taxes, but it also adds payroll, a second return and new rules. Set the salary too low and the IRS can reclassify distributions; set it too high and you give back the savings. The election only makes sense when the math works for your situation.
Modeling first means you make the change because it pays off, not because the internet said so.
Which plans include it
Payroll and reasonable-compensation review are included in Growth and Executive. Multi-entity and holding-company structures are covered on Executive.
Compare plansCommon questions
- When is the S-corp election due?
- For a calendar-year business, the election is generally due by March 15 to apply to that year. If you miss it, late-election relief is often available when you have reasonable cause.
- How much will an S-corp save me?
- It depends on your profit, your state and what a reasonable salary for your role is. Savings are often smaller than online calculators suggest once costs are included — which is why we model it first.
- What makes a salary reasonable?
- It should reflect what you'd pay someone else to do your job. We document how we got to the number so you can defend it.