Should My Business Be an S-Corp?
Answer six quick questions and get a personalized estimate of what an S-corp election could save you, or an honest answer if it’s not worth it yet.
Question 1 of 6
How is your business set up today?
Your current structure decides how you’re taxed right now.
Question 2 of 6
What’s your yearly net profit, roughly?
Profit after expenses, before paying yourself. For a partnership, use your share. A ballpark is fine.
Question 3 of 6
What salary would you pay yourself?
An S-corp owner has to take a reasonable salary for the work they do. Many trade owners land somewhere around 40 to 60 percent of profit. Not sure? Leave it blank and we’ll use half of your profit.
Question 4 of 6
How do you feel about running payroll?
An S-corp means running payroll for yourself and filing a separate business tax return every year.
Question 5 of 6
Which state is your business in?
Some states add their own tax on S-corps, which eats into the savings. Others don’t.
Question 6 of 6
Are you putting money into a retirement plan?
In an S-corp, how much you can put into a SEP IRA or Solo 401(k) is based on your salary, not your total profit. That changes how the salary should be set.
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Enter your email to see your personalized S-corp estimate. It opens right here.
This is a simplified, educational estimate of self-employment tax savings using 2026 payroll tax rates and an assumed $2,500 per year for payroll and the added business tax return, plus California’s S-corp franchise tax where it applies. It doesn’t account for state income taxes, the QBI deduction, retirement contributions, or other factors. Every business is different, so talk with us before making the election.