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Features of a Subchapter
S Corporation
- S Corporation
owners receive the advantages of a corporation, limited
personal liability and centralized management, while
avoiding the double taxation of corporation profits
incurred by regular corporations.
- S corporation
status usually avoids federal corporate income tax by
allowing the income of the corporation to be taxed
directly to the shareholders of the corporation.
- For legal
purposes, under state law, the S Corporation is no
different than any other regular corporation.
- The S
Corporation election form requires the written consent of
all existing shareholders of the corporation.
- The major
limitation on the use of S corporation status is that
only "eligible" corporations may elect S corporation
status.
- If at any time
the corporation fails to meet the above requirements, the
S Corporation status will automatically terminate.
- Don't miss out on the advantages of
Subchapter S Corporation status simply because an
attorney charges too much. Incorporate with us for a
small fraction of the price.
- Incorporation is easy with our secure, online order
forms which require little or no processing of paperwork on
your part.
- How you set up your business should make
it easier to achieve your goals, lower your taxes, and
limit your liability.
- Whether your Midwestern or
Southwestern business
is just getting started, or it is time to reorganize an
ongoing operation, we can help you establish your S Corp
online now.
   
Online purchases secured by:
Business Formation Services available in
Arizona, Illinois, Indiana, Iowa, Kansas, Michigan,
Minnesota, Missouri, Nebraska, North Dakota, Ohio, Oklahoma,
South Dakota, Texas, and Wisconsin
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Disclaimer -
Not Providing Legal Services - Proactive Management, Inc. presents the
material on this site as general information only. It is not
offered as and does not constitute legal advice or legal
opinion and should not serve as a substitute for advice from
an attorney or accountant familiar with the facts of your
specific situation. We provide business formation services.
We are not a law firm and do not provide legal or tax advice
or services. We make no warranty, express or implied
concerning the accuracy or reliability of the content at
this site or at other sites to which we link.
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