Resources
More information and resources for self-employed professionals interested in the tax savings strategy of 1099 Tax Doctor.
OUR PRICING
Our Fees are tax-deductible and includes the following services:
standard plan - Annual Fee for S-Corp + 401k
$3995
For clients with less than $300k of annual 1099 income:
Tax services
+ Preparation of your 1040 personal federal income tax return and up to 2 state returns
+ Preparation of your 1120 S Corporate tax return for your S Corporation
+ Advising of a reasonable salary for your S Corporation
+ Annual tax projections for estimated/withholding tax payments
+ Answers for tax questions from your CPA throughout the year with no billable hours and phone consultations on an as-needed basis
Payroll services
+ Annual salary payroll services, including calculation and payment of payroll tax on your reasonable salary and submission of your Federal and State tax payments
+ Filing of your S Corp payroll reports – Quarterly Federal 941/940s, State wage reports, and end of year reporting
Brokerage services
+ Opening and maintenance of a solo 401k.
+ Submission of Form 5500
+ Calculation of employer/employee contribution levels for your solo 401k
elite PLAN Annual Fee for S-Corp + DB Plan + 401k $5995
For clients with 1099 income OVER $300k:
All of the standard PLAN plus:
+ Defined Benefit Cash Balance plan
+ Annual actuary calculations for plan maximum contribution levels
+ Schedule SB signed by licensed actuary
+ Submission of Form 5500
+ Issuance of annual plan documents
OTHER SERVICES:
+ Setup of Federal Withholding account for S Corp
+ Setup of State Withholding and Unemployment Insurance accounts for your S Corp
One-Time Payroll Setup Fee $350
One-Time Defined Benefit Plan Setup Fee $1200
+ Draft and issue custom plan documents which allow for flexible year-to-year funding
+ Perform initial actuary calculations
One-Time Entity Setup Fee $500
+ LLC/PLLC Setup: Articles of Organization filed with your state's Secretary of State (Note: your state may charge a fee to open an LLC - this is billed separately at cost)
+ FEIN creation
+ S Corp election Form 2553
Additional Services Available
Insurance
We can shop for low cost term life insurance and own-occupation disability insurance for you at no cost. We also offer a credit toward your annual tax services invoice if you purchase a policy through us!
Other Business Assistance
Additional LLC/Corporate setup, cost segregation studies for real estate investments, real estate syndication investments, issuance of K1s, and other accounting services can be provided for additional fees.
A Note on our Service Providers:
Tax Services are provided through a registered CPA who is also a JD and specializes in small business and real estate taxes, and has personally filed 3000+ S Corp returns without audit.
Solo 401ks and DB plan funds are custodied at Schwabb and plans are serviced and managed by an SEC-registered, fiduciary wealth management firm.