Form an S Corporation with Confidence
Save on taxes and protect your business income with expert S Corp filing by Zeus.
We’ll handle everything — fast, accurate, and stress-free.
What is an S Corporation?
An S Corporation (S Corp) is a tax election that allows your business to avoid double taxation and split income for tax efficiency. It’s ideal for small business owners who want to keep personal liability protection while reducing tax burden.
- Typically best for service-based businesses with few shareholders and consistent profit.
Tax Benefits of an S Corp
✔ Avoid Double Taxation
Profits are taxed only once — passed through to owners’ individual returns.
✔ Income Splitting
Split earnings between salary (taxed) and distributions (lower tax).
✔ Use Business Losses Strategically
Offset other income with pass-through losses.
✔ Easy Ownership Transfer
Transfer ownership without triggering additional tax consequences.
Disadvantages of an S Corp
🧾 Must Use Calendar Year
S Corps must follow a calendar year, not a fiscal year.
🧾 Fringe Benefits Are Taxable
Owner-employees with 2%+ ownership may be taxed on health benefits and similar perks.
🧾 Close IRS Scrutiny
The IRS watches S Corps carefully to ensure proper classification of salary vs. dividends.
Not Sure If an S Corp Is Right for You?
We’ll help you weigh the pros and cons based on your income, business type, and goals.