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S-Corporation Status Election

 

Turn-Around Time: 24h
Price: $100

All Corporations are C-Corps by default, but you can turn your Aged Corp into an S-Corp quickly and easily just by filling IRS Form 2553. C-Corps are taxed at the Corporate Level, at Corporate Tax Rates which are almost always higher than Personal Tax Rates. S-Corps, on the other hand, are never taxed at the Corporate Level but are instead taxed as Partnerships : The Corporate Income just flows through to the Personal Tax Returns of the Shareholders, and is taxed at the almost always significantly lower Personal Income Tax Rates. 95% of our Clients make the S-Corp election for this reason, and you probably should too.

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