S-Corporation Analysis + Strategy
Run the Numbers. Weigh the Costs. Make the Right Call
An S-Corp election can create meaningful tax savings for the right business—but it also brings payroll, additional tax filings, bookkeeping requirements, and ongoing compliance.
Our S-Corp Analysis helps you determine whether the potential savings justify those added responsibilities before you make the election—or whether an S-Corp you already have still makes sense.
An S-Corp Should Be a Strategy—Not a Default
S-Corporations are often promoted as the go-to tax strategy for profitable small businesses. But an S-Corp isn't automatically the best choice simply because your business reaches a certain income level.
I don't start with the assumption that you should be an S-Corp. I start with the numbers.
Depending on your income, reasonable compensation, state taxes, benefits, how much profit you plan to retain or distribute, and your longer-term goals, another tax structure may produce a better overall result.
If remaining a sole proprietor or partnership makes more sense, I'll tell you. If C-Corporation taxation provides a better overall tax and financial outcome, I'll recommend that instead.
The decision depends on several factors, including:
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Business profit and spending
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Reasonable compensation for the work you perform
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Potential payroll-tax savings
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Payroll and tax preparation costs
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State tax treatment
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Bookkeeping and compliance requirements
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Your longer-term business and financial plans
The goal isn't to make your business fit an S-Corp strategy. The goal is to find the tax structure that best fits your business and improves your overall tax and financial position.
The Numbers Behind the S-Corp Decision
Tax Structure
We compare whether S-Corp taxation makes sense based on your business and personal tax picture rather than assuming it's automatically the right choice
Reasonable Compensation
We evaluate what you would reasonably need to pay yourself as an employee—a major factor in determining whether an S-Corp actually produces meaningful savings. The IRS requires shareholder-employees who provide services to receive reasonable compensation before non-wage distributions.
Ongoing Compliance
We consider payroll, tax preparation, bookkeeping, state requirements, and other ongoing costs so that projected tax savings aren't evaluated in isolation
S-Corp Analysis
$400*
One-Time Fee
* $400 S-Corp Analysis payment is credited towards the $2,000 package price
Designed for business owners considering an S-Corp election and current S-Corp owners who want to confirm that the election still makes financial sense
INCLUDES
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Initial 30-minute intake call
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Review of your business income, expenses, expected profitability, and long-term goals
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Personalized Reasonable Compensation Analysis & Report
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Review of relevant state tax considerations
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1-hour consultation to review the analysis, compliance requirements, and recommendation
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Clear next steps based on the results
S-Corp Election & Setup
$2,000
One-Time Fee
Everything needed to move forward from analysis to implementation
When the analysis determines that an S-Corp election is appropriate, the Election & Setup Package helps you establish the election and key systems needed to operate compliantly from the beginning.
INCLUDES
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S-Corp Analysis & Reasonable Compensation Report
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Preparation and filing with the IRS
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Monitoring of the IRS election filing
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Initial payroll setup and 1-hour training
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Accountable Plan template and walkthrough
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Assistance coordinating applicable owner benefits within payroll
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S-Corp compliance guidance and implementation checklist
If an S-Corp Does Not Make Sense
You will still leave with a clear explanation of why, what factors would need to change, and what you should consider going forward
If an S-Corp Does Make Sense
If the analysis supports moving forward and you choose the S-Corp Election Package, your $400 analysis fee is applied toward the $2,000 package price
Simple 3-Step Process
1
Analyze
We review your business financials, expected profit, reasonable compensation, and other relevant tax factors
2
Decide
We meet for one hour to review the numbers, tradeoffs, and whether an S-Corp election makes financial sense
3
Implement
If moving forward makes sense, your $400 analysis fee is credited toward the $2,000 Election & Setup Package and we begin implementation
Is the S-Corp Analysis Right for Me?
The analysis is generally most useful for businesses with established or rapidly growing profits.
While there is no universal profit level at which an S-Corp becomes beneficial, our analysis is typically designed for business owners approaching or exceeding approximately $100,000 in annual net profit*.
*Net profit is income after business expenses have been deducted
Not sure whether the S-Corp Analysis service fits your situation?