MerchantFinancial Advisory
S corp election

Switch to an S corp for 2027.

We check whether an S corp saves you money, file Form 2553 before the March 15, 2027 deadline, and set out your salary and payroll plan. $299, paid once.

Questions first?
Pricing

One price, paid up front.

Pay online in two minutes. We reply within one business day to schedule or ask for documents. If we can't take on the work after reviewing your details, you get a full refund.

For the 2027 tax year

S corp switch for 2027

$299paid once

We check whether an S corp actually saves you money, then handle the election and the salary and payroll plan.

  • Savings check with your real numbers
  • Form 2553 prepared and filed before March 15, 2027
  • Reasonable salary range with the reasoning written down
  • Payroll setup plan and first-year calendar
What you get

From "should I?" to set up, in one package.

Your work is done by Zain Merchant and his team of tax and accounting experts. Zain: Big Four (ex-PwC) · PTIN/EFIN tax preparer, over 10 years of accounting, audit and tax experience.

Common questions

Questions, answered

When your business profit is high enough that the self-employment tax you save on distributions is more than the extra cost of payroll, a separate business return and bookkeeping. Try our S corp savings calculator, then we check it with your real numbers.

For a calendar-year business, Form 2553 is due by March 15, 2027 for the election to take effect for 2027.

No. An LLC can keep its state LLC status and elect to be taxed as an S corporation by filing Form 2553.

S corp owners who work in the business must pay themselves a reasonable wage through payroll before taking distributions. We document a range based on what similar work pays.

You run payroll, keep books, and file Form 1120-S each year by the 15th day of the third month after your tax year ends (March 15 for a calendar-year business, so the 2027 return is due in March 2028). We can do all of it.

More fixed-price services

Other things we can take off your plate.

Sources

Checked against official sources.

Talk to MFA

Not sure this is the right fit?

Book a 30-minute call or phone (347) 205-4468. We'll tell you what we'd do and what it costs before any work starts.

Book a 30-minute call

General information, not tax or legal advice. Prices are per service as described; anything outside the scope is quoted before we start. State returns are not available for Connecticut, Maryland and Oregon. Reading this page doesn't create a client relationship.

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Card payment by Stripe. If we review your details and can't take on the work, we refund you in full. We reply within one business day to schedule or ask for documents.