S-Corp Tax Leak Calculator
Stop tipping the IRS. If you operate as a Sole Proprietor or basic LLC, you pay a 15.3% self-employment tax on every dollar of profit. See how much an S-Corp election could save you.*
The IRS requires S-Corps to pay a "reasonable salary." (Typically 40% to 60% of profit).
Self-Employment Tax as Sole Proprietor: $0
Estimated Annual S-Corp Savings: $0.00
* Educational purposes only. This is not legal or tax advice. S-Corps require payroll processing and specific tax filings. Always consult a licensed CPA to see if an S-Corp is right for your specific situation.