23
April
What Is Form 2553? How To Save On Small Business Tax As An S Corporation
Content
No Double Taxation
Why Would You Choose An S Corporation?
Which Is Better, An Llc Or S Corp?
Related Items
Who Will Typically Elect The S Corporation Status?
Form 2553 will require information about an LLC’s date of incorporation, employer identification number, individual shareholders, and ownership percentages. An LLC can file Form 2553 with the IRS if it properly qualifies as an S corporation. Depending on the state where you formed your LLC, you may also need to file an S-Corp state-level tax return as well as state unemployment insurance. S-Corporations