The 2553 Form, known as the sub chapter S election, is required to be filed with the IRS to get S-Corporation status for purposes of federal taxation. Filing this Form with the IRS is used to convert a C-Corporation into an S-Corporation.
Related posts:
- What is an S Corporation?
- What is the “S Corporation Deadline?”
- The Advantages of Forming an S Corporation
- What Steps Need to be Taken to Form a Nonprofit Corporation?
- Am I Required to Hold Corporate Meetings?
This entry was posted
on Monday, February 4th, 2008 at 6:19 pm and is filed under C Corporation FAQ, S Corporation FAQ.