I’m looking into electing S corporation status for 2017 and maybe even 2016. I’ve been running my business as a sole proprietorship through a single-member LLC.
I’m also undecided if I want to elect S corporation status for 2018, because I might start another company.
What’s the process to elect S corporation status for tax years 2016, 2017, or 2018?
Are there options to simplify the S corporation process and eliminate the need for payroll?
Answer to Question 1
You make the S corporation election for your single-member LLC by ... Log in to view full article.