When should the election be filed?

Category : S Corporaiton Election
Posted On : 29th Aug 2009

When to file s corporation election?

  • The Form must be filed on or before the 15th day of the 3rd month of the corporation's tax year in order for the election to be effective as of the beginning of that tax year. A corporation that is on a calendar tax year must file on or before March 15th in order for the election to be effective for that tax year.
  • The S Corporation election must be filed with the Internal Revenue Service along with your state if applicable.
  • If, due to any reason you forgot to send s corporation election form, you can give the IRS a reasonable cause to allow your taxes as a s corporation


 

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Brenda McCabe

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I have obtained a cigar license in Maryland through my business, House of Time, Inc. I was not sent any type of license to display. The companies I buy cigars from are asking me for a copy of my license. I do not have one. My license number is: 10751. This number I was given over the phone. Where can I get proof of my license to send to these companies? Please reply through my email. Thank you, Brenda McCabe

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Reply from: infotaxsquare.com | 2010-04-11

Dear  Brenda McCabe:

 Number is not enough to prove that you have been registered with the state. You must receive the certificate which should be displayed at your location.

If you need any assistance please either call us at 516.822.3100 or email me  at support@infotaxsquare.com

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