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My husband is a licensed tile contractor. He has had his license for many years. He needs to set up a S Corp. This needs to be done for tax purposes and we need legal help to do so.
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One cannot form an S-Corp. The process requires that you first create and file the Articles of Organization of a C-Corp, then file IRS Form 2553 with the IRS seeking approval to be taxed as an S-Corp. Once the IRS sends you a letter of approval, you may then enjoy the pass-through taxation benefits of an S-Corp and avoid the double taxation of a C-Corp.
Answered on Feb 21st, 2023 at 2:22 PM