Send Via Text Massage Legal Washington Startup For S-Corporation Forms For Free

If you wish to be treated as an S-corporation (Form 1120S for pass-through taxation), you must complete Form 2553 ? Election by a Small Business Corporation within 75 days of forming your business (see Form 2553 Instructions). The IRS doesn't recognize LLCs as a classification for tax purposes.

You can convert a business entity from one form to another by filing Articles of Conversion with the Secretary of State and paying the appropriate fee. Articles of Conversion will allow you to convert a Washington LLC into a Washington corporation, or vice versa.

The Certificate of Formation can be filed online or by filing a hard copy with the Washington Secretary of State. The filing fee is $200 if filling online and $180 if filing by mail.

What Is Washington Secretary of State Business Regulation? Choose a business name for the company. It is required to include LLC in the name of the business that is chosen. ... Select a registered agent for the company. ... Select a registration method. ... Complete the certificate of formation. ... File the certificate of formation.

Businesses taxed as S-corps receive pass-through taxation, just like a default LLC. However, S-corps are little different when it comes self-employment taxes?which can sometimes be a major advantage. In a default LLC, all income is subject to self-employment taxes.

To form an S Corp in California, you must file Form 2553 (Election by a Small Business Corporation) with the IRS and then complete additional requirements with the state of California, including filing articles of incorporation, obtaining licenses and permits, and appointing directors.