Between an S-Corp structure and having an i401k... definitely awesome for taxes. Nothing really competes for contractors. I'd take the advice here of what dict

Between an S-Corp structure and having an i401k... definitely awesome for taxes. Nothing really competes for contractors. I'd take the advice here of what dictates a "reasonable salary" with grain of salt however. $54k is not some magic cut off. Income only a factor in calculating it. Here is official document. Purposely vague of course so it can be the IRS s discretion or a legal battle: https://www.irs.gov/pub/irs-news/fs-08-25.pdf https://www.irs.gov/pub/irs-news/fs-08-25.pdf Just get an accountant. Pay yourself as low a salary as they recommend and document how you arrived there.