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Top Questions and Answers
To form an Iowa S corp, you'll need to ensure your company has an Iowa formal business structure (LLC or corporation), and then you can elect S corp tax designation. If you've already formed an LLC or corporation, file Form 2553 with the Internal Revenue Service (IRS) to designate S corp taxation status.
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What is the S Corp or S corporation tax return what is form 1120s Amanda here from the business finance coach and in this video I'm gonna go through form 1120s with you and I'll also show you how to file an extension now I do not recommend completing this form yourself but it's worth understanding it if you have
An S corp just like most tax returns at the top you have the business information and business numbers with an S corp you will use an employer identification number as the business's number just like when you're self-employed you can use your social security number but if you have employees you need an EIN number with an S corp
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