Complete Financial Management for Self-Employed

Save thousands of dollars on taxes, make better financial decisions, and get access to Fortune 500 level benefits.

We're here to help!

You went into business so you can make money and pursue your dreams, not spend your time worrying about taxes, keeping your books clean, or managing your finances.
Formations helps Self-Employed save money on taxes, get real-time insight and recommendations on how to manage their business finances, and get access to Fortune 500-level benefits like health insurance and 401K to ensure their financial well-being.

We’ve Got Your Back, 24/7

Formations is a holistic S-Corp solution that
continuously optimizes your business
finances to maximize savings and unlock
your full financial potential.

Revenue
Formations automatically tracks your business revenue and logs it into our accounting and bookkeeping system.
Expenses Payroll Distribution Benefits
Non-stop optimization of expenses, payroll, benefits and distribution amounts to maximize tax savings and ensure compliancy.
Tax Savings
Maximum allowable tax savings with real-time visibility into tax liability and savings, so you can make smarter decisions about your business finances.
Take Home Money
Your tax-free money. Don’t spend it all in one place ;)

What You Get with Formations

S-Corp creation
or migration

We take care of your incorporation, including federal and state registration, legal documents, articles of incorporation and all other incorporation requirements. If you already have an S-Corp, we will audit the current structure and will migrate it to Formations.

Bookkeeping

Powered by Xero, Formations uses the world’s most advanced cloud bookkeeping software to automatically recognize income and expenses, categorize and reconcile expenses, keep your books up to date and compliant, and identify opportunities for additional savings.
 
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Dedicated
Accounting team

Every customer gets a dedicated account manager and an accounting team that ensures their account is always being managed. You will have 24/7 access to your team and our knowledge base to make sure you never go to sleep with a tax concern.

Tax filing and
audit protection

Formations will manage your S-Corp’s annual tax filing, and while on the platform, you will get 100% audit protection.

Corporate-level
benefits

We offer Fortune 500-level benefits like health insurance and 401K. We use the cost of these benefits to reduce your taxable income, so you can save more money on your taxes while ensuring your financial future.

Financial strategy

Formations uses the latest AI and machine learning models to spot trends and patterns, and identify opportunities for more savings and to make smarter financial decisions. Our recommendations engine makes complex decisions easy.

Compliance

We know taxes can be scary, but we’ve got your back. Our US certified Bookkeepers and CPAs use standardize tax filing, calendar and notifications to make sure you never miss a deadline.

Community

Being independent doesn’t mean being alone. Formations is building the world’s largest community of self-employed where you can connect with like-minded entrepreneurs, ask questions, exchange ideas and knowledge, and find people who share your passion for independence.

What people have to say about Formations?

Deanne DeVries, Owner, DeVries Properties

As a Real Estate Broker, I constantly think about whether I should invest more time working in my business or working on my business. With Formations a large part of working on my business is taken care of so I don’t need to worry about it and can spend more time working in my business – meeting clients, finding buyers and getting the work done.

Johanna Craig, Residential Real Estate Specialist, John L. Scott

The tax savings are of course great, but more than anything, Formations is an extension of our business. It helps us facilitate being an S-Corp, it takes care of our financial data and taxes, and it lets us know when we need to address an issue or an open question. We no longer have to worry about bookkeeping and taxes.

Save thousands of dollars on taxes, make better financial decisions, and get access to corporate level benefits.

Apply to join