Who can apply for An S Corporation?

Category : Article Directory To Open An S Corporation
Posted On : 27th Aug 2009

What is the qualification to file an S Corporation?

 

  • A S corporation is a pass-through entity an L.L.C or a partnership where the members and the partners file income tax rather than a corporation's return.

  • Some businesses qualify for S-Corporation filing, while others do not. In order to start an S - Corporation, the company may have only one class of stock. S Corporation formation is more suitable for small and family businesses and for those who starts their business with small investment.

  • A social security number is required to file an S Corporation and it is subject to have a resident status in the United Status.

  • Generally, the Federal estimated time to approve the S Corporation status is 4-6 weeks.

 

https://incorporateexpert.com/File-A-Form-2553-with-the-internal-revenue-service-for-an-s-corp

 

 

 

13 Reviews from our clients

What people say about this article

User Image

Mitchell

  • star
  • star
  • star
  • star
  • star_border

If I have a nonprofit why do I need a LLC with my nonprofit what the purpose of it

Replies
Reply from: infotaxsquare.com | 2015-05-10

Why do I need a LLC with my nonprofit?

Dear Mitchell:

Please share us your state with us  because in most states Non Profit cannot be established as an LLC.

You can also use the following links to see, what our customers say about our professionalism and customer service.

Testimonials:

https://goo.gl/BnNqSd

Rated by BBB:

https://goo.gl/pnnhXL


Committed to give our users most updated news!
For instant news please subscribe at www.InfotaxSquare.com


InfoTaxSquare.com
Business Documents
Filing!






User Image

stephanie hart

  • star
  • star
  • star
  • star
  • star_border

I'm trying to start a small business and have know idea where to start. Can you assist me in which the order I'm to start in? I have the ideas but need to know the format in order.

Replies
Reply from: infotaxsquare.com | 2012-06-01

Dear Stephanie Hart:

Thanks for choosing InfoTaxSquare.com for your business needs. To start business you need to follow the following steps.

  1. Choosing the right structure for your business: Do you want to set up Corporation, LLC  or Sole Proprietor  DBA?
  2. Do you need any licenses to start business? It depends on county and state you live.
For all these answers you can either use the following link or call us at 516..822.3100 to discuss in person.

E-BookBusiness.com:

https://www.infotaxsquare.com/e-book/


Committed to give our users most updated news!
For instant news please subscribe at www.InfotaxSquare.com


InfoTaxSquare.com
Business Documents
Filing!

User Image

Anderson

  • star
  • star
  • star
  • star
  • star_border

I am starting a new consulting business in the state of CA. The business is services/consulting only - no retail/sales business. We are registering as an LLC.Can you tell me what CA Tax Registration I need to complete? Is there a certain Form for Service companies?

Replies
Reply from: infotaxsquare.com | 2010-05-04

You need to write an article of organization to form you LLC. You can either prepare your on article or retain a professional do it for you.

Your order has been processed successfully, congratulations! To check the status of your order, log in on the front page.
Our customer service number is 1+(516).822.3100.