Hi!
If you have income from self-employment, freelance work, contracting, or any type of 1099-NEC, that income is reported on IRS Schedule C – and it carries self-employment tax on top of your regular income tax.
Do you expect this income to hold or grow in 2026? If so, it may make sense to restructure. We can save you roughly 10% or more in federal tax by changing your business structure – this helps reduce your self-employment tax, which otherwise runs 15.3%. The savings grow as your income grows. 🎯
Instead of just handling the conversion, we can put your entire financial back office under one roof and take it off your plate completely:
- S-corp conversion – the restructuring itself, set up correctly and on the IRS timeline
- Monthly and annual bookkeeping
- Payroll – full-service and multi-state, including contractor 1099s
- Quarterly tax estimates – so you know exactly what you owe before April, with no surprises
- Year-round planning – CFO-level review of your vendor spend, subscription creep, and margin leaks
- Sales tax – registration, filings, and compliance handled for you
- Income tax returns – personal and business, prepared by the same team that keeps your books
The transition is easy, the savings are substantial, and restructuring also significantly reduces your audit risk – particularly for those with a large percentage of expenses versus income.
This is meant to proactively find tax savings for you outside of the annual return – with one team handling everything from the books to the final return.
Let me know by hitting “reply” by Wednesday next week if you are interested in this & if so, we will schedule a 15-minute call with our senior tax advisor. Please let me know this week since the transition has IRS timeline requirements for 2026.
Looking forward to it!
Sincerely,
—
George Dimov, CPA
Licensed and Insured
(833) 829-1120 toll free
(212) 994-8081 Fax
www.dimovtax.com