S-Corporation Formation

No. The price shown is our service fee for preparing and filing your paperwork. State and federal government filing fees are separate, vary by state, and are paid directly to the filing agency — we show you the exact amount before you confirm anything.

A tax election. You first form an LLC or corporation as the legal entity, then file Form 2553 with the IRS to have it taxed as an S-corp. We handle both.

It generally makes sense once a business is consistently profitable enough that the self-employment-tax savings outweigh the added payroll and accounting overhead — that threshold is specific to your numbers, so we'd recommend confirming with an accountant.

Yes — an S-corp can have no more than 100 shareholders, all of whom must be US citizens or residents, and generally only one class of stock. We'll flag if your plans conflict with these.

Yes — the IRS requires S-corp owner-employees to pay themselves a 'reasonable salary' through payroll before taking distributions. That's a compliance requirement we can't waive.

Yes, and it's common — many businesses start as an LLC and elect S-corp taxation once profits justify it, without changing their legal entity type at all.