Welcome, Guest. Register Now!
   
Veiw New Posts View Todays Posts


» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 
Financial Planning
 
US Presidential Tax Policies
 
 
 



View Single Post
  #2 (permalink)  
Old 01-23-2007, 12:33 AM
TaxGuru TaxGuru is offline
Super Moderator
 
Join Date: Jan 2007
Location: New Jersey, USA
Posts: 1,043
Blog Entries: 2
This is a smart move, usually the procedure is to file an election on Form 2553, (Election by a small business corporation)

I would recommend that you have your CPA fill this form out as there are some questions that need to be addressed.

Also, do not forget to file a form for your State as well, election to convert to an S corporation.
Reply With Quote