Create an Entity Comparison Matrix isolating payroll tax exposure for a two-owner architecture firm evaluating LLC with guaranteed payments versus S-corp reasonable salary method given IRS 199A audit safe harbors

Generate create an entity comparison matrix isolating payroll tax exposure for a two-owner architecture firm evaluating llc with guaranteed payments versus s-corp reasonable salary method given irs 199a audit safe harbors for Accounting, Tax Preparation, Bookkeeping, and Payroll Services industry

Accounting, Tax Preparation, Bookkeeping, and Payroll Services

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Prior Year Tax Returns *

Click to upload or drag and drop

Allowed: PDF, CSV, XLSX

Max size: 50MB

Upload complete LLC and S-corp prior-year returns (Forms 1120S, 1065, K-1s) for base calculation

Payroll Distribution Method *

Select current entity structure and proposed salary/Guaranteed Payment approach

State Tax Jurisdictions *

Indicate primary operating states for payroll tax complexity assessment

Architecture Firm Metrics *

Specify key business parameters for reasonable compensation benchmark

199A Safe Harbor Elections *

Identify current or planned 199A safe harbor strategies to maintain qualification

Payroll Tax Break-Even Analysis *

Key thresholds for FICA tax optimization vs guaranteed payment flexibility

Owner Compensation Review Approach *

Select the method for establishing reasonable compensation benchmarks

Compliance Documentation Level *

Specify documentation and contemporaneous record-keeping requirements

Entity Conversion Timeline *

Indicate timing for potential LLC to S-corp conversion to optimize payroll tax exposure

Additional Audit Risk Factors

Specify other relevant factors increasing audit probability or compliance complexity

Create an Entity Comparison Matrix isolating payroll tax exposure for a two-owner architecture firm evaluating LLC with guaranteed payments versus S-corp reasonable salary method given IRS 199A audit safe harbors

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