Should You Be an S-Corp?
S-Corp Conversion โ $797
If you're self-employed and profitable, you've probably heard an S-Corp could save you money on taxes. Sometimes that's true. Sometimes it costs more than it saves.
The honest answer depends on your numbers. Thatโs where we start.
Who This Is For
Business owners with roughly $40,000 or more in annual net profit who already have an LLC or corporation in place.
Below that threshold, the cost of running payroll and filing an extra return usually outweighs the tax savings. If that's where you are, we'll tell you โ before you spend anything.
What's included โ $797
A suitability review based on your actual numbers, not a rule of thumb
Preparation and filing of Form 2553
A late election relief request if you qualify
An accountable plan document
Reasonable compensation guidance
A written summary of what you'll be responsible for going forward
What We Focus On
This is the setup, not ongoing service. Before we file your election, you'll need an existing LLC or corporation with an EIN, clean and current bookkeeping, and payroll set up and running.
That last one isn't optional. An S-Corp without payroll isn't a tax strategy โ it's a compliance problem. If you don't have payroll yet, we'll tell you before you commit.
Most firms charge two to three thousand dollars for this because they bundle bookkeeping, payroll, and your annual return into the price. We don't. We do the conversion, we do it properly, and we tell you exactly what else you need.
What happens after
Once you're an S-Corp, you'll have annual state filings to stay on top of โ annual reports and franchise tax. We handle those too. Entity Compliance Filing
