🚀 How to Start a Business *coming soon
Course overview
Lesson Overview

7.52 How to Elect S-Corporation Status (IRS Form 2553): Many small businesses miss valuable tax savings simply because they never file Form 2553 to elect S-Corporation status. This lesson walks you through the complete process—from eligibility rules and filing deadlines to IRS approval steps. You’ll understand the benefits of pass-through taxation and how it differs from default LLC or C-Corp treatment. Clear guidance ensures you avoid common errors that can delay or void your election. We’ll cover where to submit the form, how to record corporate minutes, and how to maintain compliance each year. By mastering this process, you’ll legally reduce self-employment taxes while keeping the IRS satisfied.

About this course

This premium course is a complete roadmap to launching and growing a business. From idea validation and market research to legal setup, funding, branding, marketing, and sales—you’ll gain step-by-step guidance backed by templates and real-world examples.

This course includes:
  • 120 in-depth modules covering every stage from idea to exit strategy
  • Detailed real-world case studies from successful startups and established enterprises
  • Access to all course materials and future updates to keep your business strategies ahead of the curve

Our platform is HIPAA, Medicaid, Medicare, and GDPR-compliant. We protect your data with secure systems, never sell your information, and only collect what is necessary to support your care and wellness. learn more

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