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1. How are S Corporations formed? How do organizations qualify to become S Corporations? Why do organizations choose S Corporation status? What are the benefits

1. How are S Corporations formed? How do organizations qualify to become S Corporations? Why do organizations choose S Corporation status? What are the benefits and disadvantages? How can organizations lose their S Corporation tax status?

2. What tax forms must S Corporations file? How are items on the tax return similar or different from C Corporations and partnerships?

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1 To record as an S corporation you should first document as a corporation After you are viewed as a corporation all shareholders must sign and document Form 2553 to choose your business to end up not... blur-text-image

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