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Lane, This of the question that I asked you regrading the
Good afternoon lane, This is follow up of the question that I asked you regrading the client that was a single member LLC and I found it that the client would save way more tax dollars by changing the… read more
Lane
Lane
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FORM 8832 FOR ELECTING TO BE A CORP instead of an llc. the
IM DOING FORM 8832 FOR ELECTING TO BE A CORP instead of an llc. the form does not specify anywhere the corp options like corp s or c... should i just fill out and send like that to IRS? and when or wh… read more
Richard
Richard
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I think two of our S-Corp revocations might be a little
I think two of our S-Corp revocations might be a little tangled up.We timely filed the revocations per Section 1362. Thanks for Just Answer help here. The revocations were approved and effective 1/1/1… read more
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Lane
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I created an LLC in July of 2018. I've recently determined
Second opinion] I created an LLC in July of 2018. I've recently determined I'd like to be taxed as an S Corporation. Do you recommend i use Form 8832 or 2553? Additionally, because of when I'm choosin… read more
Barbara
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If my LLC elected to be taxed as an S corporation and two
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taxmanrog
taxmanrog
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Had a C corp in California. Changed to an S corp in 2017
Had a C corp in California. Changed to an S corp in 2017 want to change back to a C corp. Can I? … read more
Alexander Efros
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Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
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For tax purposes, is it better to form a S-Corp or LLC?
Is it better to form an LLC taxed as an S-Corp, or just form an S-Corp? I am told that it can create massive problems every year, with filings being rejected by IRS and mis-processed, with lots of fin… read more
Lane
Lane
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Doctoral Degree
16,610 satisfied customers
I started an LLC last year. In August I filed form 2553 to
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Lev
Lev
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Im dissolving my LLC that I started a month ago. I filed
I'm dissolving my LLC that I started a month ago. I filed form 2553 with the IRS to have s corp status. However, I have not heard back from the IRS yet. When I close the LLC do I have to close it as a… read more
Barbara
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Hi, a very basic question: Does an LLC electing to be taxed
Hi, a very basic question: Does an LLC electing to be taxed as an S corp have to file a form 2553 EVERY year it wishes to be elected as an S corp? Or does the election stay in-effect for future years … read more
Megan C
Megan C
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This question is for Lev C Corp elects S Status in Feb 2014
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What is the correct procedure to notify IRS that a corporation
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Lane
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ii am a contractor, i have a corporation and file 1120s for
ii am a contractor, i have a corporation and file 1120s for my corporation the earnings after i pay emplyees and expenses is my income but the 1120 reports it on a k-1 and that disqualifies me for my … read more
Lane
Lane
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Doctoral Degree
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I am requesting Steve Grizey, if available. I have a client
I am requesting Steve Grizey, if available. I have a client who requested/elected Sub S treatment of his single member LLC in 2012. Is there a way to de-request this election? I don't beleive it is in… read more
Stephen G.
Stephen G.
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Bachelor's Degree
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New formed LLC filed Form 2553 S-Corporation election. LLC
New formed LLC filed Form 2553 S-Corporation election. LLC changed name. I understand the 2553 will have to be filed again due to the name change. However the shareholders are reconsidering the electi… read more
PDtax
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Master's Degree
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We formed a 3 member LLC, a restaurant, this year in April.
We formed a 3 member LLC, a restaurant, this year in April. Form 2553 was filed, and the IRS approved the S-Corp status beginning May 1 even though we left the effective date blank. After speaking wit… read more
Mark D
Mark D
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Master's Degree
1,338 satisfied customers
The original application for EIN number was submitted as LLC
The original application for EIN number was submitted as LLC when it needed to be S-Corp. Need to submit correct CP 575 to Medicare. Do I need to submit a whole new application in the name of the S-Co… read more
JKCPA
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