Every strategy the agent surfaces carries its math and its legal authority, and no recommendation reaches you until a CPA or accountant has validated it. Advice you can see all the way down.
Scanning the client's return, the agent flagged a sole-proprietor with roughly $91,508 of net profit paying full self-employment tax. Converting to an S-corp and paying a reasonable salary is projected to save about $5,280 a year. Every figure traces back to the client's most recent filed return, and the recommendation shows the exact self-employment tax math it used.
Convert a profitable sole-prop to an S-corp to cut self-employment tax.
The reasonable salary is a placeholder (40% of net); the filed figure must come from a compensation study (Watson v. Comm’r). Excludes the 0.9% additional Medicare tax and S-corp payroll and admin costs.
See what the advisory agent surfaces when it scans your own return.
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