Filing an S-Corp Election is typically the best way to handle tax liability for your new business. Let us prepare the paperwork, grab your digital signatures, and file everything for you with no hassle.
 
To qualify for S-Corp status, the business must:
Be a domestic entity
Have only allowable shareholders/owners:
May be individuals, certain trusts, and estates and
May not be partnerships, corporations or non-resident alien shareholders
Have no more than 100 shareholders
Have only one class of stock (voting vs. non-voting is OK, but preferred vs. common stock is not allowed)
Not be an ineligible corporation (i.e. certain financial institutions, insurance companies, and domestic international sales corporations).