Form 2553 is a form that companies must file with the IRS in order to elect to be taxed as an S corporation. Note, thought, that it's uncommon for startups to make this election. Startups will instead typically be taxed as a C corporation.
Form 2553 is a form that companies must file with the IRS in order to elect to be taxed as an S corporation. Note, thought, that it's uncommon for startups to make this election. Startups will instead typically be taxed as a C corporation.