Full-Service
S Corporation Set Up
Ready to convert your LLC and save money? Book a discovery call to get beginning-to-end help from qualified professionals.
We’ve helped dozens of entrepreneurs save thousands on taxes each year by making the switch to an S Corporation.
What is an S Corporation?
Essentially, it’s a tax election, meaning it changes the way you are taxed by the IRS and your state. And it can save you major $$$.
But it’s not right for everyone and it does come with some stipulations.
Want to learn more?
Take our (free!) course via our Prosper Simply course catalog to learn more about S Corps and if making the switch is right for your business.
Our Full-Service Setup Process
Initial Discovery Call
Reserving your slot will trigger you to schedule an initial discovery call where we will go over your financials, determine if you qualify, and get information to complete the next steps.
S Corp Election Filing
Our firm will complete and file the S Corp election form with the IRS and meet any state requirements necessary.
Payroll
Setup
We will schedule another call to help you strategically determine a reasonable wage, get you onboarded with a payroll provider, and get registered with any state agencies for tax withholdings.
Admin Tasks Review
We will help you get an accountable plan in place and review admin tasks to complete and best practices to implement each year to properly manage your S Corporation.
Only 4 slots are open per month, so reserve yours now!
$1,797
One-time investment for thousands in savings each year.
FAQs
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If you're relying on your bank balance to make decisions, wondering how much you can pay yourself, unsure how much to set aside for taxes, or spending hours each month managing your finances, you've likely outgrown DIY bookkeeping.
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Most of our clients come to us when they're generating at least $250,000 annually and need more financial clarity, consistency, and support than software alone can provide.
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That can depend on your specific needs. The first hire for most founders is a bookkeeper to help bring clarity to how the business is actually performing. When you start to grow & scale, both in revenue and staff, many hire an accountant to manage the entire financial arm of the business. Founders hitting seven-figures typically hire a CFO to go more in-depth with the strategy, helping them grow, scale, and eventually sell. With each of our packages, we are offering a mix financial, tax, and strategic support, just at different levels.
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We have CPAs on staff, so we can also handle all of your tax needs. However, if you already have a CPA who does your taxes, we are happy to work in partnership with them.
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Our monthly packages include tax compliance support, tax savings guidance, and quarterly estimate facilitation. While we provide strategic tax insights related to your business throughout the year as part of these services, in-depth tax strategy is a separate service (which can be added on for any of our clients).
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Yes, and it should. When you have accurate financials, it should tell you a story of how your business is doing. Things like which revenue stream is really performing, if you’re overpaying your staff, and which expense category you need to scale back. It can also help you determine how much to consistently pay yourself each month, save for taxes, etc.
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These are all great questions and the answers depend on your business structure, profitability, cash flow, and growth goals. We help clients create a sustainable strategy for owner’s compensation, tax savings, and business funding that supports both the business and personal financial goals.
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Our Concierge Package, which offers this service, goes beyond bookkeeping to support payroll, vendor payments, client invoicing, accounts receivable follow-up, financial reporting, forecasting, and ongoing strategic guidance.
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Our goal is to take as many tedious tasks off your plate as possible while still keeping you informed. After onboarding, you shouldn’t expect much time being spent on financial tasks at all.
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That's more common than you might think. During our discovery process, we'll assess your current situation and recommend any cleanup work needed before moving into ongoing services. No judgment, we swear 😉