C-Corporation Vs. S-Corporation Calculator

Contents

Current Version
System Requirements
Price
Overview
Inputs
Reports
Version History

Overview

When you determine whether a corporation should be a C or an S Corp, you look at many factors. When you look at the numbers, you look at the C Corp tax; you look at Built-In-Gain issues; you look at tax projections for each shareholder. For each shareholder one tax projection will assume that it’s a C Corp, and another projection assumes the business is an S Corp. Let the DTS C Vs. S Corporation Analyzer make these time consuming computations for you.

You can use this program for new corporations as well. When you analyze a new business with this program, you are sending a message to your new client that you are helping them start off on the right foot.

You can use this program with existing corporations. When you analyze an existing business with this program, you are sending a message to your client that you are on top of changing tax laws and your client’s changing financial situations.

When your clients see your C Vs. S Corp Calculator reports, they will know that you are not afraid to use technology to solve their problems.

Do any of your corporate clients have shareholders that would make good new clients? This program is a good way to break the ice with those prospective new clients. Since the C Vs. S Corp Analyzer prepares tax projections for the shareholders, using this program is an excellent opportunity to start working with prospective clients.

Since this program performs both corporate and individual tax projections, the C Vs. S Corp Analyzer’s integrated solution can save you loads of time. Its computations run in seconds.

Order & Download Now! Special discounted price through 4/30/2022 $129.  Regular Price $149.  (3,613 KB Approx. 1 minutes with broadband download)

 For comprehensive information, download the program's manual.

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Inputs

C Corporation

Corporate Name
C Corp Base Taxable Income
Long-Term Capital Gains
Short-Term Capital Gains
Section 1231 Items
Charitable Contributions
Earnings & Profits
C Corp Dividends Paid

S Corporation

Was the corporation always an S Corp?
Was the S Election made before 3/31/88?
Built-In-Gains Unrealized at beginning of year
Built-In-Gains Recognized in current year
Passive Investment Income Gross Receipts
Expenses Related to Passive Investment Income
Total Gross Receipts

Individual

Shareholder Name
Ownership Percent
Filing Status
Exemptions
Spouse 1 Blind? Spouse 1 65 or Older? Spouse 2 Blind? Spouse 2 65 or Older
Total Income Before S Corp Items
C Corp Wages – Spouse 1
S Corp Wages – Spouse 1
C Corp Wages – Spouse 2
S Corp Wages – Spouse 2
Free C Corp Fringes – Spouse 1
Free C Corp Fringes – Spouse 2
Long-Term Capital Gain Base
Short-Term Capital Gain Base
Section 1231 Base
Self-Employed Health Insurance Premiums
Other Adjustments to Income
Medical Expenses
Itemized Misc. Expenses
Other Itemized Deductions

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Reports

SUMMARY ANALYSIS: This brief report shows clearly and concisely the cost or benefit of being a C Corp or an S Corp for both the corporation and the shareholders. This is excellent for clients that want to focus on the bottom line.

DETAILED ANALYSIS: This an in depth analysis of determining the costs or benefits of being a C Vs. S Corp. This is excellent to keep in the file for documentation or to show to detail oriented clients.

INPUT REPORT: This report shows can be used to verify what data has been input into the program.

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Current Version

Most current version: CSW2012.10 released on December 30, 2011.
 

Order & Download Now! Special discounted price through 4/30/2022 $129.  Regular Price $199.  (3,613 KB Approx. 1 minutes with broadband download)

Version History

Version CSW2012.10

12/30/2011

Revised for 2012 tax computations. Exceptions: Since this software is to assist in long - term decision making, certain unusual one - time 2012 law changes have been excluded. These 2012 only changes are the reduction of the employees Social Security withholding by 2% and the related changes to Self Employment Tax and the Deduction for Self Employment tax. The program does include the 2012 tax rate tables, exemption amounts, standard deductions and AMT exemptions as published by the IRS.

Version CSW2011.10

12/31/2010

Revised for 2011 tax computations. Exceptions: Since this software is to assist in long - term decision making, certain unusual one - time 2011 law changes have been excluded. These 2011 only changes are the reduction of the employees Social Security withholding by 2% and the related changes to Self Employment Tax and the Deduction for Self Employment tax. The program does include the 2011 tax rate tables, exemption amounts, standard deductions and AMT exemptions as published by the IRS.

Version CSW2010.10

12/18/2009

Revised for 2010 tax computations.

Version CSW2009.10

12/3/2008

Revised for 2009 tax computations.

Version CSW2008.10

1/12/2008

Revised for 2008 tax computations.

Version CSW2007.10

11/29/2006

Revised for 2007 tax computations.

Version CSW2006.10

11/5/2016

Revised for 2006 tax computations.

Version CSW2005.10

1/4/2005

Revised for 2005 tax computations.

Version CSW2004.11

2/17/2004

The prior version did not update the shareholder's difference column if changes were made to the scenario. This new version corrects that problem.

Version CSW2004.10

12/10/2003

Revised for 2004 tax computations.

Eliminated the Overflow or Divide By Zero error if Passive Investment Income was zero.

Version CSW2003.10

The initial release. 10/7/2003

Requirements

Microsoft Windows.

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Price

$149 (+$7S/H)

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