Tax

Have a tax question? Ask a tax Expert

Ask an Expert,
Get an Answer ASAP!

I HAVE BEEN PRACTICING AS A PHYSICIAN IN NYS SINCE 1997 NOW…

Customer Question
I HAVE BEEN PRACTICING...

I HAVE BEEN PRACTICING AS A PHYSICIAN IN NYS SINCE 1997 NOW THE WANT ME TO ATTACH A COPY OF FEDERAL APPROVAL LETTER AS AN S CORP

Accountant's Assistant: The Accountant will know how to help. Please tell me more, so we can help you best.

MY TAX ID # IS###-##-####NYS STATE WANTS COPY OF THE FEDERAL APPROVAL LETTER AS AN S-CORP

Accountant's Assistant: Is there anything else the Accountant should be aware of?

THAT IS IT

Submitted: 8 months ago.Category: Tax
Show More
Show Less
Ask Your Own Tax Question
Answered in 3 minutes by:
11/13/2017
Tax Professional: Lane, JD, CFP, MBA, CRPS replied 8 months ago
Lane
Lane, JD, CFP, MBA, CRPS
Category: Tax
Satisfied Customers: 14,622
Experience: Law Degree, specialization in Tax Law and Corporate Law, CFP and MBA, Providing Financial & Tax advice since 1986
Verified

Hi My name's Lane

I hold a law degree, with concentration in Tax Law, Estate law & Corporate law, an MBA in finance, a BBA, and CFP & CRPS (Chartered Retirement Plans Specialist) designations, as well - I’ve been providing financial, Social Security/Medicare, estate, corporate, non-profit, and tax advice on three continents since 1986.

Bear with me just a moment and I’ll provide my initial response and then we can go from there if you have further questions on this.

Ask Your Own Tax Question
Tax Professional: Lane, JD, CFP, MBA, CRPS replied 8 months ago

Here are the steps you must follow (I'm so sorry but this is your only option)

...

1. Call the IRS Business and Specialty Tax department at(###) ###-#### Tell the representative that you need a copy of your corporation's Form 2553.

...

2. Give the representative your company's name, address and Employee Identification Number, as well as your name and position within the company. She/he will verify the information.

...

3. Request to have the form sent by mail or fax. It can take up to 30 days to receive the document by mail, but a faxed copy will arrive within 24 hours.

Ask Your Own Tax Question
Tax Professional: Lane, JD, CFP, MBA, CRPS replied 8 months ago

Please let me know if you have ANY questions at all, before rating me.

If this has helped, and you DON’T have other questions … I'd appreciate a positive rating (using the stars or faces on your screen, and then clicking “submit")

I hope that you’ll rate me based on my accuracy and thoroughness, rather than any good news/bad news content.

That’s the only way JustAnswer.com will credit me for the work here.

Thanks,

Lane

Ask Your Own Tax Question
Was this answer helpful?

How JustAnswer works

step-image
Describe your issueThe assistant will guide you
step-image
Chat 1:1 with a tax professionalLicensed Experts are available 24/7
step-image
100% satisfaction guaranteeGet all the answers you need
Ask Lane Your Own Question
Lane
Lane
Lane, JD, CFP, MBA, CRPS
Category: Tax
Satisfied Customers: 14,622
14,622 Satisfied Customers
Experience: Law Degree, specialization in Tax Law and Corporate Law, CFP and MBA, Providing Financial & Tax advice since 1986

Lane is online now

A new question is answered every 9 seconds

How JustAnswer works:

  • Ask an ExpertExperts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional AnswerVia email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction GuaranteeRate the answer you receive.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response...

T.G.WMatteson, IL

I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight.

BonnieChesnee, SC

Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation.

JohnMinneapolis, MN

Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with.

OrvilleHesperia, California

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!

AlexLos Angeles, CA

Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.

GPHesperia, CA

< Previous | Next >

Meet the Experts:

Wallstreet Esq.

Wallstreet Esq.

Tax Attorney

586 satisfied customers

10 years experience

Mark D

Mark D

Enrolled Agent

1,338 satisfied customers

MBA, EA, Specializing in Business and Individual Tax Returns and Issues

Richard

Richard

Tax Attorney

4,512 satisfied customers

29 years of experience as a tax, real estate, and business attorney.

PhillipsEsq.

PhillipsEsq.

Attorney-at-Law

59 satisfied customers

B.A., M.B.A, J.D.

Robin D.

Robin D.

Senior Tax Advisor 4

15,569 satisfied customers

15years with H & R Block. Divisional leader, Instructor

Megan C

Megan C

Certified Public Accountant (CPA)

8,655 satisfied customers

Licensed CPA, CFE, CMA, CGMA who teaches accounting courses at Master's Level

jgordosea

jgordosea

Enrolled Agent

2,885 satisfied customers

I've prepared all types of taxes since 1987.

< Previous | Next >

Related Tax Questions
My tax return requires a form 8824 due to a 1031 exchange
My tax return requires a form 8824 due to a 1031 exchange but it is a multiple property exchange so I need to attach a detailed list of the transactions according to form 8824's instructions. I live i… read more
PDtax
PDtax
Owner
Master\u0027s Degree
1 satisfied customers
Sole proprietor since last year (2015). Obtained new Fed Tax
Sole proprietor since last year (2015). Obtained new Fed Tax ID and Formed LLC with MINN 7/20/16 Filed 2553 to be treated as S Corp with 7/20/16 as Incorporated date. Requested and was granted new eff… read more
Mark Taylor
Mark Taylor
Certified Public Accountant
Masters
2,325 satisfied customers
As a physician who owns my own medical practice (structured
As a physician who owns my own medical practice (structured as an S-Corp) the business has and continues to pay premiums for my medical liability insurance since 2005. The medical liability insurance … read more
PDtax
PDtax
Owner
Master\u0027s Degree
1 satisfied customers
Do I need to file New York State CT-6 form every year? In March
Do I need to file New York State CT-6 form every year? In March of 2014, I filed CT-6 form with the New York State Dept. of Finance to be treated as an S-corp, and filed my corp. taxes for 2013. All w… read more
LEV
LEV
Retired
Bachelor's Degree
14,896 satisfied customers
This question involves if an Estate has to file a Federal and/or
This question involves if an Estate has to file a Federal and/or NY State Tax Return for tax year (calendar) 2013 and 2014. Facts are a small estate was created on death in 2012...all distributions to… read more
keeperumiami
keeperumiami
Sr Financial & Tax Consultant
Bachelor\u0027s Degree
1 satisfied customers
Confused about S-corp status in NY.I live in the state
Confused about S-corp status in NY. I live in the state of NY, and formed a NY LLC in April of 2013. Immediately after that, I applied to IRS to be treated as S-corp for tax purposes by sending over t… read more
keeperumiami
keeperumiami
Sr Financial & Tax Consultant
Bachelor\u0027s Degree
1 satisfied customers
This question is about S-Corps in New York. I opened an S-Corp
This question is about S-Corps in New York. I opened an S-Corp in May 2013 and ended up not doing anything with it. There is no income or loss. I am planning to file an 1120S just to create the paper … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
Opened nys corp in sept 1999 was never used dissolved by proclamation
Opened nys corp in sept 1999 was never used dissolved by proclamation in June 25 2003 . Receiving workmens compensation judgement I owed them for failing to pay workmens comp . I never did any busines… read more
PDtax
PDtax
Owner
Master\u0027s Degree
1 satisfied customers
i had a client who was an llc in 2010 and i filed them a late
i had a client who was an llc in 2010 and i filed them a late s election under revenue procedure 2003-43 on 09/07/11 and they mailed their return before 9/15/2011 i attached the 2553 to the return sin… read more
Charles Greiner
Charles Greiner
Owner
Bachelor's Degree
2,436 satisfied customers
How can I found out as when I converted my company from LLC
How can I found out as when I converted my company from LLC to Scorp? I cant find my copies and I am having problems with the state. I started my LLC in 03/20/2009 and did not do any business till 03/… read more
BK-CPA
BK-CPA
Bachelor's Degree
687 satisfied customers
My husband and I moved to Florida in 2000 from New York City.
My husband and I moved to Florida in 2000 from New York City. My husband's business in NYC went bankrupt in 1998. However, up to that time, we had a CPA/tax attorney prepare and file our joint taxes f… read more
Jax Tax
Jax Tax
Senior Tax Attorney
Master's Degree
1,363 satisfied customers
I received a K-1 from and oil and gas partnership of which
I received a K-1 from and oil and gas partnership of which my S-Corp is a partner. On the K-1 they not what portion needs to be allocated to what state. Do I have to file an S-Corp return in each stat… read more
Charles Greiner
Charles Greiner
Owner
Bachelor's Degree
2,436 satisfied customers
Consider an LLC filed with the state of LA. Have been filing
Consider an LLC filed with the state of LA. Have been filing as an S Corp with IRS for several years. I believe it would be best now to file as a Sole Propriertorship. What steps must I take to accomp… read more
RD
RD
Self Employed
Master's Degree
1,164 satisfied customers
i have an s corp with an office in ny. i am the sole owner,
i have an s corp with an office in ny. i am the sole owner, but a ct resident. do i pay tax to ny or ct on my personal return?… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
I am a physician on H1b visa. I am planning to incorporate
I am a physician on H1b visa. I am planning to incorporate my own practice. What are the pros and cons of various set ups for my professional corporation as far as tax implications are concerned? I wa… read more
Anne
Anne
Master Tax Preparer
1,328 satisfied customers
How can I validate whether I have a valid sub s election for
How can I immediately validate whether I have a valid sub s election for federal and NY purposes? If this can be validated online somehow this would be even better... Fellow JA expert offers a *BONUS*… read more
Merlo
Merlo
Tax Consultant
558 satisfied customers
Please refer to my previous question and answer it according
Please refer to my previous question and answer it according to NY State rules for dissolving S Corp and opening LLC for the same building which I own. Are there capital gais tax for IRS and NY State … read more
MequonCPA
MequonCPA
CPA Firm Owner
Master's Degree
2,165 satisfied customers
I need to get my original S-Corp Document that states ...
I need to get my original S-Corp Document that states that the state of NJ regonizes me as an S-Corp. I did this in 1987 and now they are saying that I am not an S-Corp.How do I go about getting copie… read more
Ed Johnson
Ed Johnson
Senior HR Consultant and Business Devlpm
Bachelor's Degree
6,994 satisfied customers
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Show MoreShow Less

Ask Your Question

x