Enter your client's net business profit below to see a federal screening estimate of current self-employment tax and potential savings with an S-Corp review.
Conecta helps tax pros manage clients, collect documents, send reminders, and keep follow-up moving in one bilingual CRM. It supports your tax office operations; it does not prepare or file returns.
A tax election, not a separate business type. It can shift some profit into salary and owner distributions, but the result depends on compliance and a reasonable compensation review.
As a sole prop, 100% of profit is subject to federal self-employment tax mechanics. With an S-Corp, the modeled salary is still taxed, and remaining profit may be treated differently depending on compensation and compliance.
S-Corps cost money to run: payroll service, extra accounting, filing fees. Many firms start evaluating S-Corp treatment once profit is consistently in the mid-five figures, but the right threshold depends on salary, state fees, and admin costs.
Federal screening estimate only, based on 2024 SE tax mechanics. State taxes, income tax changes, and individual circumstances are not modeled. This is not tax advice, and it is not an IRS-approved salary formula. Consult a qualified tax professional before making any business structure decisions.
No. The calculator is a federal screening estimate based on simplified self-employment tax mechanics. It does not model state taxes, income tax changes, reasonable compensation support, or a client's full facts.
It is built for tax professionals who want a quick way to screen Schedule C clients before deciding whether an S-Corp review is worth discussing.
No. Conecta is bilingual CRM and tax office management software. It helps tax offices manage clients, documents, messages, appointments, signatures, and follow-up, but it does not prepare or file tax returns.