Corp nation
get your s-corp
but what is an s-corp?
s-corporation
Getting your S-Corp is not hard. Question is, is the S-Corporation the right structure for your business. Here are a few things to consider:
S-Corporations and nearly identical to C-Corps, but they’re designed for smaller businesses. Thus, the ‘S.’
Later, if needed, you can convert your S-Corp into a C-Corp.
The major difference between S-Corps and C-Corps is that of tax structure.
Liability and Asset Protection
As with any corporation type, the s-corp provides the corporate shield, protecting your personal assets from danger if the business were to go south (not as in ‘south of the border’ as in ‘hotwater’ — and by ‘hotwater’ we mean ‘trouble’ and by trouble we mean… well, hopefully you get the point).
That’s that. Asset protection.
Pretty simple.
Perpetual
Perpetual is a fancy word.
It means, ‘continues on,’ or something like that.
S-Corps (any types of corps) are perpetual in nature. They exist past the life of their owners.
Because, as mentioned above, they’re separate legal entities.
Pass-Through Tax Entity
S-Corps (like any kind of corp) are separate legal entities–meaning separate from yourself, though you may own or run the corporation.
As such, they typically receive a tax of their own. Such is NOT the case with S-Corps.
Form 2553
By filing form 2553 you’re electing to be taxed as a pass-through entity.
This means that the entity itself (your S-Corp, or even your LLC, if your LLC elects to be taxed as an S-Corp) doesn’t have to pay income tax at the federal level.
Instead, the taxes “pass through” to the income received by the shareholders.
S-Corps Filed
more about s-corps
Getting your S-Corp is not hard. Actually, it’s pretty easy. And awesome. And beautiful. Like the picture above. And San Francisco (joking about the last part).

Cool Name
You need a cool name for your S-Corporation. So sit on the end of your bed (or a bed — perhaps visit IKEA) and think deeply. Once you have a cool name, the rest will follow.
Will Follow
Just because you’re a “small” business does not mean you have a small brain. In fact, your brain might be abnormally large.
Highly Recommend
If S-Corps were a movie, we’d give it five stars. If it were a tv show, we’d give it all of our popcorn. So don’t hesitate to file your S-Corp.