The S-Corp Tax Cut

Previously published as The LLC Tax Playbook: What Your Formation Guide Left Out About S-Corp Elections, Retirement Plans, and Saving Thousands in Taxes by WealthWise FT.

Your LLC is profitable. Your tax strategy should finally reflect it.

Many business owners wait until tax season to ask what they could have saved. By then, payroll has already been processed, retirement deadlines have passed, and valuable planning opportunities may be gone.

The S-Corp Tax Cut is a practical guide for consultants, professionals, agency owners, and other profitable LLC owners who want to understand when an S corporation election may improve their after-tax results and when it may not.

Inside, you will learn how to:

- Determine whether an S corporation election is worth the added payroll and compliance costs
- Calculate and document a defensible reasonable salary
- Coordinate wages, distributions, shareholder basis, and payroll taxes
- Protect the QBI deduction as income increases
- Use a Solo 401(k) and employer contributions strategically
- Capture legitimate deductions through accountable plans, depreciation, and state tax planning
>Updated for 2026, this revised and expanded edition reflects current federal thresholds, retirement limits, depreciation rules, and major provisions affecting profitable business owners.

This book does not promise a particular tax result or replace advice from a qualified tax professional. It gives you a practical framework for asking better questions, modeling the right numbers, documenting decisions, and meeting important deadlines.

Read The S-Corp Tax Cut before your next conversation with your CPA and turn tax planning into a year-round business system.