May 13, 2025 · Learn how S-corp taxes work, including pass-through taxation, filing rules, shareholder salary requirements, and built-in gains tax consequences.

We want to help you better understand S-Corporations, how they’re managed differently than an LLC or a sole proprietorship, their key benefits, and how you can use one to save on taxes …

Mar 26, 2016 · An S corporation is formed only when a regular corporation elects a special small-business tax status with the IRS. This is done by filing an S Election, Form 2553, with the IRS …

Dec 18, 2025 · To qualify as an S corporation, a business must meet specific requirements, such as being an eligible domestic corporation, limiting the number of shareholders to 100, and …

Apr 15, 2025 · What Is an S Corp? An S corp (or S corporation) is a business structure that is permitted under the tax code to pass its taxable income, credits, deductions, and losses …

S corporations are corporations that elect to pass corporate income, losses, deductions, and credits through to their shareholders for federal tax purposes. Shareholders of S corporations …

To become an S Corp, a business needs to file Form 2553 with the IRS. This is called making an S Corp election. All the shareholders have to agree for this change to happen. The form must …

There is a ton of information on S corporations (S corps) online and social media about this commonly used tax election. I’m going to simplify everything you need to know in an “S corp …

As an owner, your biggest incentive in setting up your company as an S corporation is to cut costs, especially on taxes, although choosing that structure could limit your options for growth....

Oct 24, 2025 · Compare LLC vs S Corp for dummies. Learn key tax, structure, and ownership differences to choose the best setup and maximize small business tax savings.