Yes. We help business owners decide whether an S-corp election makes sense, and if it does, we make sure the benefits side is set up to work in your favor.
Yes, and it can be a legitimate tax advantage when it's set up correctly. We walk through the right way to do it so it holds up if it's ever questioned.
Yes. Retirement plans carry real tax advantages that most business owners never take advantage of without someone raising the topic. We help you figure out which option fits your business and your goals.
No. California allows CTEC-licensed preparers, like Edmond, to file taxes on your behalf. A CPA license is one path to that ability, but it isn't the only one.
Yes. An S-Corp requires you to pay yourself a reasonable salary through payroll before taking any additional distributions.
We set that up correctly as part of structuring your S-Corp, so it's handled from day one rather than something you have to figure out separately.
For many business owners in the $100,000 to $400,000 revenue range, a properly structured S-Corp can save $5,000 to $20,000 a year.
The real number depends entirely on your profit and your current setup, which is why we run your specific numbers instead of quoting a general estimate.
The fee compounds the longer it goes unpaid, and California collects on it aggressively. The sooner it's addressed, the less it costs you.
If you're behind, tell us early so we can help you get current instead of letting it keep growing.
The IRS can reclassify your distributions as wages and assess back payroll tax, along with penalties and interest.
This doesn't typically undo your S-Corp election itself, but getting the number wrong is expensive, which is why we run a real analysis instead of guessing at a figure.
It happens more often than you'd think, and it's fixable. We get you caught up on prior years and put a system in place so it doesn't happen again.
You're not necessarily stuck waiting a full year. The IRS allows late-election relief in many cases when there's reasonable cause and you've been operating as though the election were already in effect.
We can help you pursue that relief instead of assuming the window has simply closed.
An LLC is a legal entity structure. An S-Corp is a tax election you can make on top of an LLC, it doesn't replace your LLC, it changes how you're taxed.
Most business owners we work with keep their LLC and simply elect S-Corp tax treatment once the numbers make it worthwhile.
It depends on your profit level and how the business is structured today. There's a point where the tax savings outweigh the added paperwork, and we can walk through where that point is for your specific numbers.
Just reach out for a free quote. We’ll walk you through every step, from planning to finish.
We accept credit cards, checks, and bank transfers. Let us know what works best for you.
Call, email, or use our contact form. We’re here to help and usually reply the same day.
Yes, you can make changes or cancel anytime before work begins. Just let us know.
Still need help? We’re happy to chat.
