S Corporation Formation Services
Professional S Corporation formation and setup services for tax-efficient business structures
What is an S Corporation?
An S Corporation is a special type of corporation that elects to pass corporate income, losses, deductions, and credits through to shareholders for federal tax purposes. It combines the liability protection of a corporation with the tax benefits of a partnership.
Key Benefits
- • Pass-through tax treatment
- • Limited liability protection
- • Professional image
- • Perpetual existence
- • Transferable ownership
- • Self-employment tax savings
Our S Corporation Formation Services
Complete S Corporation formation and setup services for tax-efficient business operations
S Corporation Formation
Complete S Corporation formation and S-election filing.
- • Articles of Incorporation filing
- • Form 2553 S-election
- • State registration and fees
- • Name availability check
- • Corporate bylaws drafting
Corporate Governance
Establish proper corporate governance and compliance structure.
- • Board of directors setup
- • Officer appointments
- • Corporate bylaws creation
- • Meeting minutes templates
- • Compliance monitoring
Shareholder Management
Professional shareholder and stock management services.
- • Stock certificate creation
- • Shareholder agreements
- • Stock transfer procedures
- • Dividend distribution setup
- • Shareholder meeting management
Multi-State Operations
Formation and qualification across multiple states.
- • Foreign qualification
- • Multi-state compliance
- • State-specific requirements
- • Tax registration
- • Business license coordination
Professional S Corporations
Specialized formation for professional service providers.
- • Professional licensing verification
- • State board compliance
- • Professional liability setup
- • Malpractice insurance guidance
- • Industry-specific requirements
Business Setup
Complete business setup and operational support.
- • EIN application
- • Business bank account setup
- • Business insurance guidance
- • Accounting system setup
- • Corporate identity creation
S Corporation Requirements
Understanding the requirements for S Corporation status
Eligibility Requirements
- • Must be a domestic corporation
- • Maximum 100 shareholders
- • Only one class of stock
- • Shareholders must be individuals, certain trusts, or estates
- • No non-resident alien shareholders
- • Cannot be certain types of corporations
Ongoing Requirements
- • Maintain corporate formalities
- • Hold annual shareholder meetings
- • Keep detailed corporate records
- • File annual tax returns
- • Comply with state requirements
- • Maintain S Corporation status
Our S Corporation Formation Process
Comprehensive process to establish your S Corporation properly and efficiently
Planning
We plan your S Corporation structure and requirements.
Formation
File Articles of Incorporation and obtain approval.
S-Election
File Form 2553 to elect S Corporation status.
Setup
Complete business setup and governance structure.
Frequently Asked Questions
What are the tax benefits of an S Corporation?
S Corporations offer pass-through taxation, meaning profits and losses flow through to shareholders' personal tax returns. This can result in significant tax savings, especially regarding self-employment taxes on distributions.
When should I file the S-election?
The S-election (Form 2553) should be filed within 75 days of incorporation or by March 15th of the tax year you want the election to take effect. We can help ensure timely filing.
Can I convert my LLC to an S Corporation?
Yes, you can convert an LLC to an S Corporation by forming a new corporation and electing S status. This process involves specific steps and tax considerations that we can help you navigate.
What happens if I lose S Corporation status?
If you lose S Corporation status, the corporation becomes a C Corporation and is subject to double taxation. We can help you maintain compliance to avoid losing this valuable tax status.
Ready to Form Your S Corporation?
Get professional S Corporation formation services with tax optimization and compliance support
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