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What does running an S Corp really cost?
Compare piecing it together yourself with Collective's all-in-one membership. Edit any DIY price to match your quotes.
1DIY costs, per year
Pre-filled with typical market prices.
One time
Federal and state
2Add the cost of your time
DIY also means hours of admin every month.
DIY vs. Collective, year one
With Collective, you save
$2,413 in year one
35% less than doing it yourself.
DIY approach · $6,800
Collective ($349/mo + $199 setup) · $4,387
Every year after: DIY $6,050 vs. Collective $4,188.
Year one includes one-time business formation and S Corp election. DIY estimates are based on data sourced from Shopify blog, QBO Essentials, QBO Live, Gusto, Taxfyle, Intuit "Tax Pro" Research, LegalZoom and JustAnswer.com as of August 2023. Cost of your time assumes Collective handles this admin for you. Prices may change without notice; consult individual providers for up-to-date information.
This calculator is intended solely for illustrative purposes and may not accurately reflect your unique circumstances. Collective cannot guarantee the accuracy of estimates.
Trade the separate tools and providers for one membership
Collective bundles your S Corp election, bookkeeping, payroll and taxes into one team and one login.