Services
Should your LLC be an S-Corp? Business tax and entity strategy
An S-Corp election can lower self-employment tax once your profit is high enough to pay yourself a reasonable salary, but it adds payroll and filing costs, so the numbers have to work first.
Who It's For
Who is this for?
Entity strategy is for business owners who want their structure to match how much they earn and where they operate.
- Single- and multi-member LLCs
- S-Corps and C-Corps
- New businesses choosing a structure
- Owners who formed an LLC out of state and aren't sure it helped
What's Included
What's included?
We prepare your business returns and review whether your structure still makes sense.
Business returns
Forms 1065, 1120-S and 1120 prepared and filed.
S-Corp election analysis
Whether and when an election saves more than it costs.
Salary and payroll guidance
Setting a reasonable salary and getting payroll in place.
Multi-state LLC review
Reviewing out-of-state formations and where you owe tax.
Owner pay and distributions
Planning how and when you take money out of the business.
The Process
How does it work?
- 01
Free consultation
A short video or phone call to understand your income, your business and what is worrying you.
- 02
Your plan
We review your documents and explain, in English or Spanish, exactly what we will do and why.
- 03
We do the work
We prepare, file and follow up, and stay available all year when questions come up.
Industries
More Industries We Serve
FAQ
Common questions
When does an S-Corp make sense?
Usually when your business profit is high enough that paying yourself a reasonable salary still leaves meaningful distributions after the added payroll and filing costs. We run your numbers before recommending it.
Does forming an LLC in Wyoming or Delaware lower my taxes?
Generally no. Taxes follow where you live and do business, not where the LLC is registered, and an out-of-state LLC can add extra filings and fees.
Can I elect S-Corp mid-year?
In some cases. Elections have deadlines, and late-election relief may be available. We review timing based on your situation.
Do you handle business returns in other states?
Yes. We prepare business returns for companies operating in New Jersey, New York, Pennsylvania and other states.
Find out if your structure is working for you.
Book a free consultation. We'll review your situation and explain your options in English or Spanish.