Is this tax advice?
No. It's an estimate for planning, built on current tax law and the numbers you enter. Your actual tax depends on details a calculator can't see. For advice on your situation, talk to a CPA.
Where do my numbers go?
The calculator runs entirely in your browser and doesn't save or send what you type. Ask and Books send your question or statement text to be processed and don't store it afterward; account numbers are masked before anything leaves your device. We only keep what you submit in a form, like your email for reminders.
Why is my set-aside rate lower than the 25–30% everyone says?
That rule of thumb ignores your deductions, the 20% QBI deduction, your state, and withholding from a spouse's job. Your rate can be well above or below it. That's the point of running your own numbers.
When does an S-corp make sense for an agent?
Usually once your profit is steady and high enough that the payroll tax saved beats the cost of running payroll and filing a separate return. The comparison in the calculator shows your break-even. The IRS requires a reasonable salary, so don't set it artificially low.
What if I miss a quarter?
The penalty is interest on the amount you were short, for the days you were short. Paying as soon as possible stops it growing. The calculator spreads what's left over the remaining due dates.
Can my accountant use this too?
Yes — Books exports a profit-and-loss statement and a year-to-date summary of what you've paid, which is exactly what your CPA needs at tax time. Send it over and skip the shoebox.