S-Corp Business Filing & Calculator

Shield your personal assets with S-Corp limited liability protection and enjoy employment tax savings. Our tax professionals will educate you on the many benefits of filing as an S-Corp as well as walking you through the process step-by-step.

1Select an answer for each question below and we will calculate your S-corp tax savings

A)What is your estimated yearly net income for the business?


B)What is the salary you would pay yourself?


Annual Self Employment tax as a Sole Proprietor


Annual Self Employment tax as an S-Corp

$19,125( You Save: $19,125 )

Total Savings From S-corp Conversion$19,125

2Review the Costs to Convert to S-Corp

Initial state registration cost to form an LLC / S-Corp
Initial fee to form LLC
Initial S-Corp filing requirements with IRS
Annual cost of administering a payroll
Annual state LLC / S-Corp registration fees
Annual tax preparation for S-Corp
Total first year cost of S-Corp administration
Net savings from S-Corp conversion

3Create Your Free TaxHub Account