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 …

Dec 18, 2025 · This section provides information on filing Form 1120-S, the U.S. income tax return for an S corporation. It discusses the filing options, due date, and the requirements for extensions.

Feb 12, 2025 · A complete guide to IRS Form 2553, including eligibility requirements, filing instructions, and benefits of electing S Corporation status.

Oct 10, 2025 · To form an S corp, business owners must first create a C corporation or LLC and then elect S corporation tax status using IRS Form 2553. The election must meet strict eligibility criteria, …

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.

Jul 1, 2025 · Home | Pillar | Managing Your Business | How to File IRS Form 2553 for S Corp Election. To receive the tax advantages and operational flexibility that come with S Corporation status, …

IRS Form 2553, also known as the S election form, allows eligible businesses to pass income, losses, deductions, and credits directly to shareholders, avoiding the double taxation typical of C corporations.

Sep 24, 2025 · Our S Corp Tax Return guide will introduce you to the process of filing Form 1120-S for your S corp. Have Tax Questions? Schedule a free consultation with an expert. S corps use IRS …

May 1, 2025 · Form 1120-S: U.S. Income Tax Return for an S Corporation is a tax document that is used to report income, gains, losses, credits, deductions, and other information pertaining to …

IRS Form 2553 allows eligible small businesses to make an election to be taxed as an S corporation. By filing this form with the Internal Revenue Service (IRS), you can shift from being taxed as a C …