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What does the S in S-Corporation stand for?


S-Corporation Election Filing Service

The S in S-Corporation stands for "small business". This comes from the requirement that an S-Corporation have no more than 100 owners.


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Yes. An Incorporation or LLC Formation must be completed with the state prior to the filing of a S-Corporation election with the IRS. These are all filings that SimpleFilings can provide upon request...
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After providing all required signatures, which you can do easily online, we will submit your election to the IRS often within one same business day, and send you an e-mail confirming that we have done...
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The highest-ranking officer of the business and all business owners must sign the application, in effect all unanimously "voting" for it. So they are all "electing" or "choosing" S-Corporation status...
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