Stop overpaying self-employment tax.
Self-employed people pay 15.3% self-employment tax on every dollar of profit. An S-Corp election lets you pay it only on a reasonable salary. For many freelancers earning $80,000 or more, that means $5,000 to $12,000 back every year. Run your numbers below.
Sole Proprietor
If you earn money on your own and aren't a registered business, this is you by default. You and your work are legally the same.
LLC
A formal business structure that legally separates you from your business, giving you a 'liability shield.'
S-Corp
An S-Corp isn't a business structure, but a special tax status. An LLC can 'elect' to be taxed as an S-Corp to potentially save big on taxes.
Tax Savings Simulator
Estimate your potential tax savings by choosing the right structure.
Is an S-Corp right for you?
An S-Corp isn't for everyone. Below roughly $60,000 in profit, the extra payroll and filing costs usually outweigh the savings. It's likely a fit if:
- Your business profit is consistently above $60,000–$80,000 per year
- You expect similar or higher income next year
- You're willing to run payroll for yourself (we guide you through it)
- You want your books clean enough to justify your salary to the IRS
Keepify handles the whole transition: the Form 2553 election, reasonable salary documentation, and the monthly bookkeeping that keeps it all defensible.
S-Corp questions, answered
Keep thousands more of what you earn
Book a free 15-minute call. We'll look at your numbers and tell you honestly whether an S-Corp saves you money.
Schedule My Free Call