The April number is decided in July.
Tax strategists for small business owners. S-Corp election, quarterly planning, owner compensation, business returns (1120S, 1065, 1120), and IRS resolution.
Planning, Not Preparation
Tax preparation is filing the return for what already happened. Tax planning is designing what happens before the year closes — entity election, owner compensation, retirement contributions, depreciation strategy, expense timing, and quarterly estimates — so the April number is the number you have been planning for since the prior summer.
At J.A. Financial Solutions, we run both the planning across the year and the filings at the end of it under one cohesive engagement.
S-Corp Strategy and Owner Compensation
An S-Corp election (Form 2553) typically begins to save meaningful tax once net business profit reliably exceeds reasonable compensation by a significant margin — often around $40,000 to $50,000 above a defensible owner salary. The exact threshold depends on your state, payroll costs, retirement plan use, and Section 199A QBI posture.
Once elected, owner compensation is split between W-2 wages and shareholder distributions. We optimize this split annually against IRS reasonable compensation expectations, retirement contribution limits, and tax-saving opportunities.
Business and Personal Filings, Coordinated
Business returns (1120S, 1065, 1120) and personal returns (1040) are prepared and filed together under one engagement. This includes state filings and multi-state apportionment when applicable. Coordinated filing eliminates the cross-entity errors that commonly occur when separate preparers handle the business and the owner.
IRS Resolution
We handle IRS notices, examinations, installment agreements, offers in compromise, penalty abatement, and currently-not-collectible status. We file power of attorney so the IRS communicates directly with us, and we work toward the resolution outcome the underlying facts of your file actually support.
Quarterly Cadence
Tax strategy is not a one-time event. We provide quarterly estimated payments, mid-year strategy reviews, and end-of-year decision windows for retirement contributions, equipment purchases, and bonus timing.
Who It’s For
- S-Corp owners whose election is on autopilot and likely out of date
- Multi-entity operators whose business and personal returns have never been properly coordinated
- Owners currently dealing with open IRS issues
- Founders who suspect their tax outcome is being decided by accident rather than strategy