In order to become an S corporation, the corporation must submit Form 2553, Election by a Small Business Corporation signed by all the shareholders. See the Instructions for Form 2553 PDF for all …

Apr 15, 2025 · What Is an S Corp? An S corp (or S corporation) is a business structure that is permitted under the tax code to pass its taxable income, credits, deductions, and losses directly to its...

May 15, 2025 · S Corp tax benefits can be substantial, so business owners should know about the S Corp business structure and advantages of becoming an S Corporation. This guide will walk future S …

Learn how to file as an S Corp with this practical guide. We'll walk you through IRS eligibility, Form 2553, and post-election compliance.

Aug 21, 2025 · S corporation tax guide for professionals, covering compliance, IRS rules, tax planning strategies, and key regulatory updates.

Sep 24, 2025 · Filing an S corp tax return? Our guide explains how to file Form 1120-S, including the required information, deadline, and everything else you need to know

Dec 5, 2024 · Filing taxes as an S Corporation can be a very effective way to lower your self-employment taxes and could save you thousands a year (if you make over $70,000 a year, that is). …

Dec 18, 2025 · Each year, S corporations must file Form 1120-S to report income, gains, losses, deductions, and credits to the IRS. They also have to provide each shareholder with a Schedule K-1, …

Oct 21, 2024 · Running a small business comes with many responsibilities, and one important task is ensuring you’re filing your taxes correctly. If you’re considering structuring your business as an S …

Aug 27, 2025 · To qualify for S corporation status, the IRS says your business must: Have only allowable shareholders or members, which includes individuals, certain trusts and tax-exempt …