bizlogo 85
Follow Us :

Subchapter Filing

We have the knowledge to get it right the first time.

Subchapter Filing

Unlock the potential of your business with BizAccountants’ specialized Subchapter S Filing Services. Navigating the complexities of tax codes and regulations can be daunting, but with our expert guidance, converting to an S Corporation can be a smooth and beneficial transition for your business. Our dedicated team is here to assist you every step of the way, ensuring your business leverages the full advantages of S Corporation status.


What is Subchapter S?


Subchapter S of the Internal Revenue Code allows corporations to pass corporate income, losses, deductions, and credits through to their shareholders for federal tax purposes. Shareholders of S Corporations report the flow-through of income and losses on their personal tax returns and are assessed tax at their individual income tax rates. This allows S Corporations to avoid double taxation on the corporate income, a significant advantage for many businesses.


Why Choose S Corporation Status?


  • Tax Savings: One of the most compelling reasons to choose S Corporation status is the potential for tax savings, primarily through the avoidance of double taxation on dividends.
  • Asset Protection: Shareholders’ personal assets are protected from the corporation’s liabilities, providing a layer of security not available in sole proprietorships or partnerships.
  • Flexible Income Distribution: S Corporations can pay salaries and distribute dividends, which can lead to tax advantages for owners and operators.


Our Subchapter S Filing Services Include:


  • Eligibility Review: Our experts begin by assessing your business to ensure it meets the IRS criteria for S Corporation status, considering factors such as shareholder numbers and entity type.
  • Filing Assistance: We manage the entire filing process for you, from completing Form 2553, Election by a Small Business Corporation, to ensuring timely submission to the IRS.
  • Tax Planning and Compliance: Beyond the filing, our services extend to strategic tax planning and ongoing compliance checks to maximize your benefits under S Corporation status.
  • Personalized Consultation: We provide personalized consultations to discuss how S Corporation status fits within your broader business strategy and how you can optimize your financial operations under this structure.


Why Choose BizAccountants for Your S Corp Filing?


  • Expert Guidance: Our team has in-depth knowledge of the IRS regulations and the intricacies of S Corporation status, ensuring you receive competent and reliable advice.
  • Seamless Process: We simplify the complex process of filing for S Corporation status, making it a hassle-free experience for our clients.
  • Long-Term Support: Our commitment to your business goes beyond the initial filing. We offer ongoing support to help you navigate the tax implications and compliance requirements of your S Corporation status.


Transform your business with the strategic advantage of S Corporation status. At BizAccountants, we’re committed to guiding you through every step of the process with professional expertise and personalized service. Contact us today to explore how our Subchapter S Filing Services can benefit your business.

Trusted Resource
Prioritize Savings
Proficient & Professional
Concierge Service Customer Support
Years Experienced
0 +

Need help with any area of your small business?

As the small business tax expert, we are the accounting firm for small business, and we are here to answer questions, provide insights, and help you grow your business from zero to one million and above in three years or less – guaranteed!