The average savings per tactic by category for those who utilized that tactic, and the total average tax savings across the real estate industry.

Industry Data: Tax-Saving Tactics for Real Estate Professionals

The seven most common tax savings tactics for real estate agents

How real estate agents save thousands on taxes

S-Corps can provide significant tax savings for the self-employed, by structuring your business the way a corporation would.

Do S-Corps Work? A Data-Backed Guide for the Self-Employed

S-Corp election makes sense for most self-employed professionals, and saves thousands on taxes by structuring your business the way a corporation would.

S-Corps save the self-employed thousands on taxes

Formations is proud to introduce MAX, our revolutionary AI-driven tool designed to cut through the confusion and put comprehensive tax strategies and benefits within reach of 1099 professionals.

Formations' AI Tax Assistant Gives Instant Insights for the Self-Employed

Waiting on Your CPA? Formations' AI Tax Assistant Gives Instant Insights for the Self-Employed

By continuing to use this website, you consent to the use of cookies in accordance with our Cookie Policy.

By providing your email address, you agree to our Privacy Policy and Terms of Use.

Your new Formations plan is confirmed! You will be moved to Digital + 1040.

Thank you for confirming your new Formations plan selection - Digital + 1040. We're excited to move you to your new package on January 1st, 2024. 

- Preparation of your personal tax return, including automatic extension, Open Item List, and all schedules

- Notice management and audit guarantee  

-   Multi-jurisdiction tracking  (additional fee) 

-   Financial statements & reporting (upon request)

-   Employees ($25/mo per employee, up to 3)

-   Schedule a support call (for escalations only)

-   Education & knowledge base (unlimited access)

-   Consultation sessions (1 included per year, not during blackout dates) (more sessions can be purchased)

-   Non-Formations Tax amendments (priced per amendment)

-  Access to health insurance through Vault (1-time fee for setup)

-   Additional consultation sessions ($500 per session)

-   Additional payroll ($25/employee/month, up to 3 employees)

Your new Formations plan is confirmed! You will be moved to Digital + 1040.

What's Included with Digital + 1040

Business Structure

Tax Management

Personal Tax Return (1040)

Accounting Management

Payroll Management

Guidance & Expert Advice

Add-ons