LearnAboutLaw Staff on Apr 24th, 2008What Is an S Corporation?
What Is an S Corporation?
An S Corporation is a C Corporation that elects “Subchapter S” status. All S Corporations begin their lives as C Corporations; Corporations elect to change their status to S Corporations.
The S Corporation Election is made by the filing IRS Form 2553 before the expiration of the 15th day of the third [...]
LearnAboutLaw Staff on Apr 24th, 2008S Corporation Election
How to Make the S Corporation Election
All S Corporations begin their lives as C Corporations–no Secretary of State in the US makes a distinction between S Corporation and C Corporation. The S Corporation election is just that: an election.
The S Corporation Election is made by filing IRS Form 2553 before the expiration of the 15th [...]
LearnAboutLaw Staff on Apr 24th, 2008Types of Corporations
An unbiased guide to the different types of corporations, including C corporation, S corporation, close corporation, and professional corporation.
