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Changing your tax status to S-Corp
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254 Views • Nov 16, 2024 • Click to toggle off description
There is a section on the form 2553 that will allow you to write in the reason for changing your tax status late.

here is what I say and its worked for many people including myself:

“**Miscommunication between attorney and bookkeeper as to who was filing Form 2553. Pursuant to Rev Proc 2013-30”**

So if you haven't formed an S-corp already, it's okay.

Try this!

We can talk to the IRS. We can get things submitted and get it squared away.

But if you know for a fact your business is going to make more than $100k a year in profits, Just form it now, because it's easier to do it all in one shot.

But It's not impossible to change it after the fact in my opinion as someone whose done it.
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Views : 254
Genre: Education
License: Standard YouTube License
Uploaded At Nov 16, 2024 ^^


warning: returnyoutubedislikes may not be accurate, this is just an estiment ehe :3
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RYD date created : 2024-11-17T01:25:34.880416Z
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2 Comments

Top Comments of this video!! :3

@Elias-b7b8q

2 days ago

Did you ever sell candles? I think I remember you selling homemade candles.

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@purpleman777

1 week ago

Limbus company referenc-
Guys the Project Moon brainrot, please its too much

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