S-Corp Formation
Build a Business the Right Way with S-Corp Formation
An S-Corporation offers tax advantages and limited liability protection. Let us guide you through the qualifications and process to help you decide if this structure is right for your business.
Understand the benefits of S-Corp status and pass-through taxation.
Ensure your business qualifies for S-Corp election with state-specific rules.
Get help with the necessary forms and filings to set up your S-Corp.
Ideal for businesses looking for tax benefits and limited liability protection.
What’s Included
Inside Your S-Corp Formation Service
S-Corp formation is more than just filling out paperwork — it’s about ensuring
you meet all the necessary qualifications and that your business is legally
protected with the right structure.
S-Corp formation is more than just filling out paperwork — it’s about ensuring you meet all the necessary qualifications and that your business is legally protected with the right structure.
Entity Education
We explain the S-Corp structure, its advantages, and how it compares to other options like LLC and C-Corp.
Taxation Guidance
Understand the concept of pass-through taxation, its benefits, and what it means for your personal and business taxes.
State-Specific Qualifications
S-Corp rules vary by state, so we help you understand the qualifications your business must meet based on your location.
Formation Paperwork Assistance
We help you complete and file your Articles of Incorporation and submit the necessary forms for S-Corp election.
Ownership & Compliance Review
Review your ownership structure to ensure it complies with S-Corp rules, including shareholder restrictions.
Next Steps & Maintenance
After filing, we provide clear next steps to ensure you maintain compliance with ongoing S-Corp requirements.
Key Points
What You Should Know About S-Corporations
S-Corps offer numerous benefits, but they also come with certain restrictions and
responsibilities. We help you understand both the advantages and considerations.
Advantages
Pass-through taxation – Profits are only taxed once on your personal tax return, not at the company level.
Limited liability – Protects your personal assets from the company’s debts and liabilities.
Ownership flexibility – S-Corps can have up to 100 shareholders and may be a good fit for small, closely-held businesses.
Tax savings – S-Corps can reduce self-employment taxes for owners drawing salaries.
Important Considerations
Shareholder restrictions – S-Corps may only have individuals, trusts, and estates as shareholders (not corporations or partnerships).
Limit on number of shareholders – S-Corps can have no more than 100 shareholders, which limits their fundraising capacity.
Ineligible corporations – Certain businesses (financial institutions, insurance companies, etc.) cannot elect S-Corp status.
We recommend speaking with a tax professional to better understand the potential benefits and drawbacks of an S-Corp for your business.