LLC Elected as

S Corporation

Maximize tax benefits by electing S Corporation status for your LLC.

Benefits of Electing S Corporation Status

Tax Savings

Pay less in self-employment taxes on a portion of your income.

Tax Savings

One of the greatest benefits of electing S Corporation status for your LLC is that you can continue to operate as a Limited Liability Company—retaining the simplicity, flexibility, and legal protections it offers—while gaining access to powerful tax advantages.

Retain LLC Flexibility

Keep your legal structure as an LLC with added tax advantages.

Retain LLC Flexibility

Keep your legal structure as an LLC with added tax advantages.

Tax Savings

When an LLC elects to be taxed as an S Corporation, one of the biggest financial advantages is the potential reduction in self-employment taxes.

Retain LLC Flexibility

One of the greatest benefits of electing S Corporation status for your LLC is that you can continue to operate as a Limited Liability Company—retaining the simplicity, flexibility, and legal protections it offers—while gaining access to powerful tax advantages.

LLC Meets S Corp

When you elect to have your LLC taxed as an S Corporation, you don’t have to change your business's legal structure—you still remain an LLC in the eyes of the law. This means you continue to enjoy the flexibility, simplicity, and limited liability protection that LLCs offer.

Is S Corporation Right for You?

LLCs with steady profits

LLCs with Steady Profits benefit from exploring S Corporation tax status to optimize their earnings. By electing to be taxed as an S Corporation, profitable LLCs can reduce self-employment tax liabilities while retaining the legal protections and flexibility of an LLC. This option is especially advantageous for businesses generating consistent income, as it allows owners to pay themselves a reasonable salary and take additional profits as distributions, which are not subject to self-employment taxes.

With steady profits, LLC owners can further benefit by optimizing their profit distribution strategy, balancing between salary and distributions to create the most tax-efficient financial structure. The ability to retain flexibility in how profits are allocated ensures that business owners can adapt to changing financial needs while continuing to benefit from the protections and advantages that come with the LLC framework.

Business owners working in their own business

Tax Savings

By electing S Corporation status, business owners working in their own business can reduce self-employment taxes. This is done by paying themselves a reasonable salary and taking additional profits as distributions.

Liability Protection

LLC owners retain the liability protection of an LLC while benefiting from the tax advantages of S Corporation status.

Flexibility

Business owners have the flexibility to structure their salary and distributions in a way that maximizes their tax savings while maintaining compliance with IRS guidelines.

What’s Included in Our Service

Everything you need to successfully elect and maintain S Corporation status for your LLC.

IRS Form 2553 Filing

We file IRS Form 2553 on time to secure your S Corp status and avoid delays or rejections.

Tax Structure Evaluation

We evaluate your finances to see if S Corp status suits your LLC.

Payroll Setup Assistance

We handle payroll setup, provider selection, and tax withholding for IRS compliance.

EIN Registration

We apply for your Employer Identification Number from the IRS

How It Works

We handle the heavy lifting so you can focus on your business. Here's how it works:

Step-01

Choose Your LLC Type

Decide between a Single-Member or Multi-Member LLC.

Step-02

File Formation Documents

Submit the Articles of Organization with the state.

Step-03

Get an EIN (Employer Identification Number)

Required for taxes and hiring employees.

Step-04

Create an Operating Agreement

Define ownership and operational structure.

Step-05

Stay Compliant

Register for licenses and meet state-specific requirements.

Compare our packages

Our customized packages meet the compliance, filing speed, and support needs of your new business in one place.

Basic

Starter

Covers all your required filings with the state, accuracy guaranteed.

$ 250.00

All initial state fees included

Process in 3-5 business days

Get Starter

Concierge-Style Business Formation Service
LLC Name Availability Check
Preparation of Articles of Organization
Receive Certified Copies

Pro

Everything to start and protect your LLC and keep it compliant year-round.

$ 350.00

All initial state fees included

Process in 3-5 business days

Get Pro

Concierge-Style Business Formation Service
LLC Name Availability Check
Preparation of Articles of Organization
Receive Certified Copies
Employer Identification Number

Best Value

Premium

Get additional tools and expert support to start and grow your business online

$ 650.00

All initial state fees included

Process in 3-5 business days

Get Premium

Concierge-Style Business Formation Service
LLC Name Availability Check
Preparation of Articles of Organization
Receive Certified Copies
Employer Identification Number
Form 8832 Filing
S Corporation Election

Initial Statement of Information
Registered Agent Service
Customizable Legal Docs
Compliance Alerts
Dun & Bradstreet Indicator
Customer Relationship Manager (CRM)

Frequently Asked Questions

Does S Corp election change my LLC structure?

No, your LLC remains the same legally — only your federal tax classification changes.

When should I elect S Corp status?

Ideally within 75 days of forming your LLC or the start of a new tax year to ensure timely approval by the IRS.

Can a single-member LLC elect S Corporation status?

Yes, single-member LLCs can elect S Corp status if they meet IRS requirements, including being a U.S.-based entity with an eligible owner.

Do I need to pay myself a salary as an S Corp owner?

Yes, S Corp owners must pay themselves a reasonable salary, which is subject to payroll taxes, while remaining profits may be taken as distributions.

Will electing S Corp status help me save on taxes?

In many cases, yes. S Corps can reduce self-employment taxes by splitting income between salary and distributions, offering potential tax savings.

Let’s Elect S Corporation Status for Your LLC Today

Book your free 30-minute consultation for LLC Elected as S Corporation.

Book a Free Consultation

BizStartup.com is not a law firm or accounting firm and does not offer legal, tax, investment, or accounting advice. If you require legal, accounting, investment, or tax advice, please seek the services of an appropriate professional such as an attorney, accountant, and or financial advisor.