Are You Paying More in Self-Employment Tax Than You Need To?

Most contractors don't realize they have options. If you're operating as a sole proprietor or LLC, you're paying 15.3% self-employment tax on every dollar of profit.

S-Corp election changes that. It lets you take part of your income as distributions—which aren't subject to the 15.3% self-employment tax.

The savings can be substantial. But S-Corp isn't right for everyone, and there's a March 15 deadline you need to know about.

Use this calculator to see if S-Corp makes sense for your business.

What About the March 15 Deadline?

If you've already passed March 15, late election relief may be available—but it requires additional paperwork and isn't guaranteed. Let's run your numbers now to see if S-Corp makes sense for your business. Schedule a call.