S-Corp Election Consultation

One of the most effective tax strategy for profitable small businesses.

Fred Lundin CPA offers a targeted S-Corp Election Consultation for LLC owners who are tired of paying excessive Self-Employment taxes. By default, an LLC owner pays 15.3% tax on every dollar of profit. By electing S-Corporation status (filing Form 2553), you can split your income between a W-2 salary and shareholder distributions—potentially saving thousands of dollars annually. However, this strategy isn't for everyone; if your profit is too low, the added administrative costs of payroll and separate tax returns can actually cost you money.

We perform a precise "Break-Even Analysis" to determine if you are ready to make the switch. We calculate your projected tax savings against the cost of compliance, determine your IRS-mandated "Reasonable Compensation" to ensure you stay audit-proof, and handle the filing of the election paperwork. Whether you are looking to switch for the current tax year or planning for the next, we provide the math that turns a tax burden into a strategic advantage.