Article Date:
July 2018

Word Count:



Q&A: What Are My S Corporation Election Options?



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.

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