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