Introducing the Sole Proprietorship / Partnership
Cash Balance Calculation

EBG Systems is proud to announce the addition of a new feature in its Retirement Planning Center - Cash Balance System, the Sole Proprietorship / Partnership calculation.

     This calculation divides the total Schedule C or K1 income amongst the owner(s) based on the Employer Contribution, the Social Security Tax, and the Owner Compensation.

     The Sole Proprietorship / Partnership calculation is available for the following Entity Types displayed in the General Tab: Partnership, Limited Liability Company, Limited Liability Partnership, or Sole Proprietorship.

     Just select to be Taxed as Sole Proprietorship / Partnership then enter the total Schedule C Income or K1 Income in the Total Earnings field. Then run your report. It's that simple!

     To see the feature in action, click the button below to request a demo.