Elect S Corporation Status for Your Business
Maximize Your Tax Savings and Streamline Your Business Structure
Don’t wait for tax season to benefit from S Corporation status. File Business ensures IRS compliance, helping you avoid penalties and reduce taxes. We handle the paperwork so you can focus on growth.
Elect S Corporation Status for Your Business
Don’t wait for tax season to benefit from S Corporation status. File Business ensures IRS compliance, helping you avoid penalties and reduce taxes. We handle the paperwork so you can focus on growth.
Why Elect S Corporation Status?
- •Tax Savings
Electing S Corporation status allows your business to avoid double taxation by passing income, losses, deductions, and credits directly to shareholders. This can lead to significant tax savings, especially for small business owners.
- •Self-Employment Tax Reduction
S Corporations can help reduce self-employment taxes. Only salaries are subject to these taxes, while remaining income is not, potentially lowering your overall tax burden.
- •Enhanced Credibility:
Operating as an S Corporation can enhance your business's credibility with customers, suppliers, and potential investors, showcasing a formal commitment to your business structure.
- •Access to More Opportunities
Being an S Corporation can open doors to better financing options and increase your ability to attract investors, all while providing a streamlined tax structure.
- Tax Savings
Electing S Corporation status allows your business to avoid double taxation by passing income, losses, deductions, and credits directly to shareholders. This can lead to significant tax savings, especially for small business owners.
- Self-Employment Tax Reduction
S Corporations can help reduce self-employment taxes. Only salaries are subject to these taxes, while remaining income is not, potentially lowering your overall tax burden.
- Enhanced Credibility:
Operating as an S Corporation can enhance your business's credibility with customers, suppliers, and potential investors, showcasing a formal commitment to your business structure.
- Access to More Opportunities
Being an S Corporation can open doors to better financing options and increase your ability to attract investors, all while providing a streamlined tax structure.
How It Works – 3 Simple Steps
Simple & Fast Filing Process
Provide Business Information
- Complete our online form with your business details, including entity type, shareholder information, and desired effective date of the election.
Submit Payment
- Pay the service fee securely through our online payment system. Note that this fee covers federal filing; state filing fees, if applicable, are additional.
We File on Your Behalf
- Our experts prepare and file Form 2553 with the IRS, monitor the status, and inform you upon approval.
FORMATION PACKAGES
Start Your Business Now!
Build your business with confidence. Every File.Business package includes powerful compliance software, AI monitoring, smart dashboards, and filing discounts. Everything you need to launch, manage, and scale in one platform.
Free Formation
Start your company at no cost.
Plus Formation
Simple compliance & tax essentials for new entrepreneurs.
Everything in Free Formation plus:
Complete Formation
Compliance automation + growth tools for scaling businesses.
Everything in Plus Formation plus:
*Discounts apply exclusively to our service fee and do not cover state or third-party fees.
Compare Our Packages
Select the package that best fits your business needs and budget.
Articles of Incorporation/Organization
6 Months
1 Year
2 Years
3 Years
Basic reminders & alerts
Startup Dashboard(Full)
Multi entity compliance tools
AI-driven compliance monitoring
Startup Dashboard(Core)
Business Dashboard
Enterprise Dashboard(1 Year)
Full Startup Score
Basic
Advanced Business Score
Predictive enterprise scoring
3 Months
6 Months
1 Year
3 Months Free
6 Months Free
1st year included(+ state fees)
Record book, seal, certificates, ledger
Laminated, English & Spanish
D-U-N-S
D-U-N-S + credit monitoring
Basic team use
Role-based enterpise access
5% off
10% off
15% off
25% off