Tax Savings Report

You could save:

$17,892

with an S Corp with Lettuce

Based on your gross revenue of $150,000 and expenses of $15,000 as a therapist practice in California · Edit

Your Personal Savings Breakdown

An S Corp splits your income into a salary and an owner's distribution. Only the salary is subject to self-employment tax — cutting your bill roughly in half.

Your taxes today

Sole Prop or LLC

Your Revenue

$120K

Taxable Income

$111K

92.35% of revenue after SE deduction

Self-Employment Tax Rate

15.3%

Both employee & employer share on all $111K

Estimated SE Tax Bill

~$16,978

Your taxes with Lettuce

LLC + S Corp Election

You Save $17,892

Your Revenue

$120K

Reasonable Salary

$60K

SE tax applies here

Owner's Distribution

$60K

0% SE tax

Payroll Tax on Salary

15.3%

Payroll Tax on Distribution

Estimated SE Tax Bill

~$8,489

Roughly half of what you'd pay as a sole proprietor

Your S Corp Advantage

What happens when you invest your tax savings over 15 years?

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15-year compounded savings

15 Year Projection

Tax savings

Compounded returns (10% avg.)

What Lettuce Handles For You

Quarterly Tax Filing

Never miss an estimated tax deadline. Lettuce calculates and files your quarterly payments automatically, so you're never caught off guard.

Payroll Processing

We handle your S Corp payroll from start to finish — salary calculations, tax withholding, and filings — so your books are always clean.

Automate Your Ongoing Accounting

Get Every Deduction You Deserve

Simplify Your Quarterly Taxes

An S Corp is a tax election for businesses-of-one

How Does An S Corp Work?

Without an S Corp, you're overpaying your taxes

As a self-employed therapist, you pay twice the payroll tax — covering Social Security and Medicare — compared to a W-2 employee. That's thousands of dollars left on the table every single year.

With an S Corp, you get paid as your practice's owner and its employee

Lettuce sets up your S Corp election, processes your payroll, files your quarterly taxes, and automates your bookkeeping — so you can focus on your clients, not your finances. This unlocks massive tax savings for your practice.

How it works

Lettuce Automates Your S Corp And Maximizes Your Tax Savings

Never worry about setting aside money for taxes again

As each client payment comes in, Lettuce automatically distributes it across your S Corp — salary, quarterly tax withholding, practice expenses, and your profits. Everything handled in real time.

Learn More About S Corps

An S Corp election is one of the most powerful tax strategies available to self-employed therapists. Understand how it works, what it costs to set up, and whether you qualify.

Lettuce Pays For Itself. Get 30 Days Free Then $299 A Month

Lettuce is your stress-free solution to saving big on self-employment taxes. Try Lettuce today and we guarantee you'll save more than you pay, or your money back.

Benefits of an S Corp

Reasonable Compensation

The IRS requires your salary to reflect what you'd pay an employee to do your work. For therapists, typical ranges are $50k–$100k depending on hours and specialty.

The SE Tax Advantage

As a sole proprietor, you pay 15.3% self-employment tax on all net income. In an S Corp, payroll tax applies only to your salary — distributions are not subject to payroll tax, which is where the savings come from.

Health Insurance

S Corp owners can deduct 100% of health insurance premiums through the company, reducing both income and payroll taxes — a significant benefit for self-employed therapists.

Retirement Savings

A Solo 401(k) via an S Corp allows both employee and employer contributions — potentially $66k+ per year. This compounds your tax savings beyond SE tax reduction.

Insurance Panels

Most insurance panels allow you to bill as an S Corp once you update your NPI and W-9. Lettuce handles the paperwork so your billing isn't interrupted.

State Rules Vary

Some states have S Corp franchise taxes or fees that can offset savings for lower incomes. Consult a tax professional for your exact situation or reach out to Lettuce for a personalized review.