WHAT IS A S-CORPORATION?

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 report the flow-through of income and losses on their personal tax returns and are assessed tax at their individual income tax rates. This allows S corporations to avoid double taxation on the corporate income.
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We are an online federal filing service and are in no way affiliated with any government agency. If you would like to apply directly with the IRS, you can click here. Use our service and save time and effort by not filling out complicated forms.

© einwizard.com 2022

A subsidiary of Weiss 2.0