Your numbers
Your best estimates are fine. We're looking for a starting point, not the final answer.
Where you stand today
These shape your roadmap. There are no wrong answers.
How is your practice set up today?
Sole proprietorLLCPLLCCorporationAlready an S corpNot sure
Do you have an EIN?
YesNoNot sure
Do you have a separate business bank account?
YesNo
Are you running payroll?
YesNo
When would you like to operate as an S corp?
January 1, 2027As soon as possibleJust exploring
Your S corp savings estimate
$0
Assumed reasonable salary
$0
Self-employment tax as a sole prop
$0
Payroll taxes as an S corp
This is a rough estimate based only on payroll taxes and a few assumptions, including a reasonable salary based on typical pay for your profession. Your real number could land higher or lower once your income, your defensible salary, deductions, and state are factored in. Treat it as a starting point, not a promise. Within a month of joining Heard, you'll get a personalized S corp assessment built from your real books, a defensible reasonable salary, and your state.