S-Corp Setup

Save on Self-Employment Taxes with S Corporation Tax Election

On average, small business owners save $10,000 on self-employment taxes with the S Corporation tax election.

Not sure if you’d benefit? Use the calculator below to estimate how much you could save:

For more information or to see how you will benefit from your own S Corp election, book your free consultation here.

It’s important to follow the steps below to ensure your S Corp is set up properly.

Below shows what is required for setting up the S Corporation and an example of the services you will get:

RequiredUse an AttorneyDo it yourselfUse YourVirtualTaxPreparer
Get your legal LLC in New York and obtain your Articles of Incorporation
Complete the required publications and filings of proof of publication with NYS
Obtain your LLC Employer Identification Number (EIN)
File the appropriate Federal and State S corporation election forms
Set up your NYS sales tax account if required
Determine how much you should pay yourself per the S Corp requirement
Payroll set-up, a requirement of the S Corp election
Set up your LLC bank accountWill assist
Obtain a New York State agentExtra charge annuallyTypically $50+ annuallyFree
File your biennial statementExtra charge bi-annuallyFree
Prepare an estimated tax return so you can avoid underpayment penaltiesFree
Training on how to manage your business income and expensesFree
Cost$2,000$825$1,250

Book a call for your free consultation

Only interested in learning about an S Corp or setting it up yourself?

Then the resource below is for you.

Learn what an S Corp is

How an S Corp can save your small business money on taxes

How to set up an S Corp yourself

Plus:
Free- Audit Proof Your Busines
Free- Small Business Tax Credits
Free- Small Business Tax Checklist for S Corps

Purchase my Step-by-Step S Corp setup guide
today for only $49.99!

Contact Me

Rochester, New York 14618, United States

(585) 502-1590