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Who can apply for An S Corporation?

S Corporation is more suitable for small and family business because it may contain only one class of stock.

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Shirley Moore wrote on : Tue Nov 23rd,2010 Back to Article

How can I change from an entity of Sole Propriety to an S Corporation. Which I just submitted a week ago

Reply : infotaxsquare.com

Dear Shirley Moore:

Thanks for choosing InfoTaxSquare.com for your business needs. To advise you properly we need to know the state name. Because only in few states you can convert your Sole Proprietor to an S Corporation. You can either send us an email with additional information or call at 516.822.3100.

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