EZ Filing Solutions offers document preparation and filing service for your corporation formation. Our clients who want to file as a corporation receive our expertise when it comes to gathering necessary paperwork and making sure everything is submitted correctly.
As you start up your business, you will find that there are many benefits when you form a corporation. Corporations give you personal asset protection from lawsuits. They also offer the business owner, or owners, tax flexibility and tax benefits. Corporation formation gives you enhanced credibility as a business, and it affords you brand protection. Corporations exist beyond the business owner, and they carry the advantage of deductible expenses.
There are many factors involved in deciding if you should form your corporation as an S-Corp or a C-Corp. An S-Corp is a business that has incorporated and registered for additional S-Corporation status. C-Corps require that business owners (shareholders) pay federal income tax on the income received from the corporation, as well as on personal income received from the business as salary. S-Corps avoid this double taxation because the corporation does not pay taxes; instead taxes are recognized at the personal level on the owner’s own income tax filings.
No, your formation filing does not expire. When you file for a corporation, your S-Corp or C-Corp election stays in effect with the IRS until it is revoked or terminated.
EZ Filings Solution is a third-party filing service, independent of the IRS, that can help you through the process of filing for a corporation. Whether you choose to form an S-Corp or a C-Corp, we have the experience to guide you through corporation formation and into business ownership.
To receive a new IRS Federal Tax ID Number, or Employment Identification Number, simply complete our IRS Tax ID Application form online. Our user-friendly simplified form allows you to securely apply for a Federal Tax ID number, for business or personal use in less than 10 minutes.