S Corporation Tax Election
An S Corporation election allows your business to pass income, losses, deductions, and credits through to shareholders for federal tax purposes, potentially saving thousands in self-employment taxes.
+ state filing fees
15-30 days after IRS receives Form 2553
Key Benefits
Avoid double taxation
Reduce self-employment taxes
Pass-through tax benefits
What's Included with Your S Corporation Tax Election
Comprehensive service package with everything you need for successful business formation.
Service Features
Key Benefits
Requirements
Professional Service Guarantee
100% Accuracy
Expert review ensures error-free filing
Fast Processing
Quick turnaround with priority handling
Expert Support
Dedicated customer support team
Compliance Help
Ongoing compliance guidance included
Transparent Pricing
One simple price with no hidden fees. Everything you need is included.
Professional S Corporation Tax Election
+ state filing fees (varies by state)
What's Included:
100% Money-Back Guarantee • Secure Payment Processing
Price Breakdown
No Hidden Fees: The price you see is what you pay. State filing fees are paid directly to the state government and vary by location.
100% Satisfaction Guarantee
If you're not completely satisfied with our service, we'll refund your money. We stand behind our work with a full satisfaction guarantee.
How Our S Corporation Tax Election Process Works
Simple, straightforward process with expert guidance at every step.
Eligibility Review
We review your business structure and ensure S Corp eligibility
Form 2553 Preparation
Expert preparation of your S Corporation election form
IRS Filing
We file Form 2553 with the IRS on your behalf
Confirmation & Follow-up
Track filing status and handle any IRS correspondence
Expected Timeline
Same Day
Order processing and document preparation begins immediately
1-2 Business Days
Document review, preparation, and filing with state agencies
State Processing
State approval time varies (typically 5-15 business days)
What Happens After Filing?
You'll Receive:
- Certificate of Formation/Incorporation
- Filed Articles with state seal
- Operating Agreement or Bylaws
- EIN confirmation letter
- Compliance calendar and reminders
Next Steps:
- Open a business bank account
- Obtain necessary business licenses
- Set up business accounting
- Consider business insurance
- Schedule annual compliance reminders
Frequently Asked Questions
Get answers to common questions about S Corporation Tax Election.
What is an S Corporation election?
An S Corporation election allows your business to be treated as a pass-through entity for tax purposes, avoiding double taxation while potentially reducing self-employment taxes.
When should I file the S Corp election?
Generally within 75 days of formation or by March 15th for the current tax year. Late elections may be possible with proper procedures.
How much can I save with S Corp status?
Savings vary but often range from $3,000-$15,000+ annually depending on business income and current tax situation.
Can I revoke S Corp status later?
Yes, but there are restrictions. Once revoked, you typically cannot re-elect S Corp status for 5 years without IRS consent.
Still Have Questions?
Our business formation experts are here to help you with any additional questions about S Corporation Tax Election or the formation process.
Expert Tip
Before starting your business, consider consulting with a business attorney or accountant to ensure you're choosing the right structure for your specific situation and tax goals.
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