TruePilot Can Now Calculate S-Corp Tax Savings And Reasonable Salary
In this example, TruePilot calculates the tax savings for a client by optimizing their S-corp structure and recommends an ideal salary adjustment, resulting in potential savings of over $30,000.
Goodbye, time-consuming calculations.
Say hello to a faster, more accurate approach to tax advisory.
We’ve expanded TruePilot’s functionality to be even smarter than before.
Now, TruePilot empowers you to deliver expert advice, uncover advisory opportunities, and enhance client satisfaction. With our advanced algorithms and ability to analyze complex tax scenarios, you can streamline the tax planning process and provide accurate and efficient solutions for your clients.
New Functionality Includes:
Identify advisory opportunities and provide valuable services to their clients, like answering specific tax research questions and providing advice based on an understanding of tax law and client data
Calculate tax savings for clients based on different scenarios, such as structuring their business as an S-Corp or adjusting their salary
Draft emails to clients discussing tax savings opportunities and provide recommendations for salary adjustments and other tax-saving strategies.
“Using TruePilot, an accountant was able to identify a potential $30,000 tax savings for a client within just a few minutes”
In addition to these features, TruePilot also allows accountants to track the progress of tax returns and client interactions, providing valuable insights for future tax planning.
Say goodbye to time-consuming manual calculations and hello to a faster, more accurate approach to tax advisory.
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