S-Corp Strategy
Consultant cuts self-employment tax with an S-Corp
$9,200/yrsaved every year
The Challenge
A consultant clearing about $130k in profit was paying the full 15.3% self-employment tax on everything, with no strategy in place.
Our Solution
We modeled the numbers, filed the S-Corp election (Form 2553), set a reasonable salary, and moved the rest to distributions.
The Result
Ongoing self-employment tax savings of roughly $9,200 per year, with payroll and compliance handled for them.
Results shown are a representative example based on a real client engagement. Individual outcomes depend on your specific facts and IRS determinations.
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