Reasonable Shareholder Salary

wcg cpa

Business Advisory Service Plans

WCG specializes in small businesses who generally have fewer than 100 employees. Why ? We want to help people, and more importantly we want to help the business owner directly. Frankly speaking, once a business gets to a sealed size management layers get in the way of owner access. Access allows us to ensure the owner ( s ) are leveraging the most out of their business for themselves and their families .
Because minor business is a core competence for us, we have created commercial enterprise advisory avail plans which include these in truth cool things-

Custom! Unlike the modern day new car packages where you have to spend $ 8,000 for the moonroof, our Business Advisory Service plans can be customized specifically for you. The array above is plainly a startle sharpen. If you need more from us, let ’ s chat about it !

Tax Patrol Services

We besides have Tax patrol ! This is a fantastic tax military service for those who don ’ t need all the business advisory bells and whistles above, but from time to clock want some love from an experienced tax adviser and business adviser. Have a agile tax question ? need to know the disparagement rules as you buy that new car ? Wondering what your April tax charge is going to be in August ? Tax Patrol is like ski patrol… you might not use it, but you sleep better knowing you have it .

A la Carte* Keystone Copper Breck
Individual Tax Return Prep (Form 1040, joint filing) $600 to $900
Business Entity Tax Return Prep (Form 1065, 1120, 1120S) $1,200 to $1,500
Tax Planning, Tax Projection Worksheets $350 to $500
Estimated Tax Payments Calcs Included
IRS Audit Defense NA
Complimentary Quick Chats (CQC) $250 to $500 Unlimited Unlimited Unlimited
Annual Fee $1,320 $1,980 $2,820
Monthly Fee $110 $165

(prorated based on onboarding date)

Additional Business Services

The follow are extra business services to get your speculation launched and on the manner. Some of these are teased out individually as one and done fees like formation and onboarding gorge .

account, Payroll*

Monthly Accounting (bookkeeping + analysis) starting at $400 / month
Bi-Monthly Accounting (bookkeeping + analysis every 2 months) starting at $250 / month
QuadMonth Accounting (bookkeeping + analysis every 4 months) starting at $175 / month
Sales Tax, Personal Property Tax typically $75 / month,
$150 / quarter
Employee Payroll (up to 5, bi-weekly) $75 / month, add-on only
Fine Print: Accounting fees are based on 2 bank account with less than 250 monthly transactions but does not include the QBO fee from Intuit. Custom quote is available if you have a lot going on such as third-party integrations (POS, time billing system), accrual accounting method, extensive benefits packages and / or industry specific issues (e.g, job costing in construction).

Even Finer Print: Employee payroll can be added to shareholder payroll for $75 per month if already using our Business Advisory Service plans above (e.g, Vail). Custom quote for more than 5 employees and a referral to therapy.


Articles of Organization or Incorporation, Domestic Owners $425 + state filing fee
Articles of Organization or Incorporation, Foreign Owners $725 + state filing fee
Initial Report (if required) $125 + state filing fee
Employer Identification Number (EIN) Included
Single Member Operating Agreement (SMLLC) Included
MS Word Templated Bylaws Agreement (Corporations) Included
S Corp Election, Timely Election (made with formation) Included
Accountable Plan Included


Payroll Accounts Setup or Transfer $300 to $450
Employee Data Transfer Varies
Accounting Setup or Transfer (Fractional Controller) $300
QuickStart QuickBooks Setup and Support (90 days) $750
S Corp Election, Timely Election (within 75 days) $250
Late S Corp Election Back to January 2022 $450,
$900 after March 15, 2023
Examine Prior Tax Returns Included

Advisory Services Fine Print

A la Carte
A la Carte fee ranges are approximates. 85 % of our clients fit into these tip ranges, but there are outliers. We have a handful of clients with over 30 rentals ; their individual tax return is north of $ 3,000. We besides are assuming one state ; if your clientele spans the galaxy then extra fees will be discussed with you prior to payroll setup or tax homework. typically each department of state is round $ 250 to $ 350 for tax homework since it affects both your business and person tax returns ( honestly, state allotment is a pain in the butt, but it is our pain… and states, particularly California and New York, are crazy about it ).

Prorated Fees
Some more things to consider- when a fond year remains, our common annual fee is pro-rated to not charge you for services you didn ’ t use ( like payroll and consultation ). however, a bombastic ball of our annual fee is tax planning which is typically a built-in cook sum of $ 2,000 ( both commercial enterprise entity and individual tax returns ). Whether we onboard you in January, July or December, we have to prepare a full year tax come back. This increases the monthly fee for the remaining months of 2022 but the monthly fee will former decrease in January of 2023 to reflect the amounts above. Yeah, we make it sound like 2023 is fair around the corner .
Payroll Processing
We make identical little profits on payroll processing… we offer it as a convenience to our clients. One throat to choke with a individual call can be reassuring but if you want to run your payroll, go for it ! Everyone thinks payroll is a piece of cake ; write a check and done. Nope… we see a batch of mistakes being made by clients particularly the wield of health indemnity and HSA contributions since there are extra rules for greater than 2 % S Corp shareholders. then again, we don ’ thyroxine mind fixing what was broken .
Tax Returns
You can prepare your own individual tax return as well… but the profit WCG preparing both individual and business tax returns is that we slide things around depending on income limitations, phaseouts, alternative minimum tax ( AMT ), Section 199A discount optimization, pass-through entity tax deductions ( PTET ), etc. Having our arms around both can yield some good tax savings !

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Category : Finance

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