Business Tax Accountant near San Diego CA

S-Corp Setup

Golden Tax & Accounting was founded on the principle of transforming tax and accounting for small businesses. Our mission is to relieve the stress of tax and accounting responsibilities, ensuring every small business in Southern California has access to trusted, transparent, and timely accounting services.

S-Corp Case Study: 
$100,000 Net Profit

Data
Before
After

Net Profits

$100,000
$100,000
($50,000 S-Corp Salary)

Social Security Taxes

$12,400
12.4%
$6,200
12.4%

Medicare Taxes

$2,900
2.9%
$1,450
2.9%

Total SE Taxes Due

$15,300
$7,650

Annual SE Tax Savings

0
$7,650/yr

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