Accountant Salary at S Corp BETA

How much does a S Corp Accountant make?

As of April 2025, the average annual salary for an Accountant at S Corp is $81,487, which translates to approximately $39 per hour. Salaries for Accountant at S Corp typically range from $74,694 to $88,216, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Website:
myasm.com
Size:
<25 Employees
Revenue:
<$5M
Industry:
Business Services

Tax rates change every year. Take a look at this year's tax rates. These tax rates are used to prepare 2020 tax returns in 2021: Tax rates for trusts and estates have also changed as follows: The standard deduction amounts for 2020 are updated as follows: The standard deduction amounts is increased to $12,400 for individuals, $18,650 for heads of household, and $24,800 for married couples filing jointly and surviving spouses. There will be no personal exemption amounts for 2020. The personal exemption amount was set to zero (0) under the Tax Cuts and Jobs Act. The alternative minimum tax (AMT) exemption amounts are adjusted for inflation. Heres what those numbers look like for 2020: Kiddie Tax.The kiddie tax applies to unearned income for children under the age of 19 and college students under the age of 24. Unearned income is income from sources other than wages and salary, like dividends and interest. Taxable income attributable to net unearned income will be taxed according to the brackets applicable to trusts and estates (see above, earlier). With respect to earned income, the rules are the same as before. Capital Gains rates will not change for 2020, but the brackets for the rates will change. Most taxpayers pay a maximum 15% rate, but a 20% tax rate applies if your taxable income exceeds the thresholds set for the 37% ordinary tax rate. Exceptions also apply for art, collectibles and section 1250 gain (related to depreciation). The maximum zero rate amounts and maximum 15% rate amounts break down as follows: There are significant changes to itemized deductions found on Schedule A, including: Medical and Dental Expenses. The floor for medical and dental expenses is 7.5% in 2020, which means you can only deduct those expenses which exceed 7.5% of your AGI. State and Local Taxes. Deductions for state and local sales, income, and property taxes remain in place and are limited to a combined total of $10,000, or $5,000 for married taxpayers filing separately. Home Mortgage Interest. You may only deduct ...

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What Skills Does a person Need at S Corp?

At S Corp, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Accounting: Creating financial statements and reports based on the summary of financial and business transactions.
  2. General Ledger: Creating and keeping track of business transactions and activities to monitor financial operations.
  3. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  4. Accounts Payable: Accounts payable (AP) is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.
  5. Financial Statements: Obtaining and creating formal records of business activities and cash flows to provide results for financial performance.

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Check more jobs information at S Corp

Job Title Average S Corp Salary Hourly Rate
2 Purchasing Agent $60,586 $29
3 Sales Representative $92,464 $44

Hourly Pay at S Corp

The average hourly pay at S Corp for an Accountant is $39 per hour. The location, department, and job description all have an impact on the typical compensation for S Corp positions. The pay range and total remuneration for the job title are shown in the table below. S Corp may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $81,487 look to you?

FAQ about Salary and Jobs at S Corp

1. How much does S Corp pay per hour?
The average hourly pay is $39. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at S Corp?
According to the data, the highest approximate salary is about $88,216 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at S Corp?
According to the data, the lowest estimated salary is about $74,694 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.