@Mike9241 wrote:
didn't know it was possible to incorporate as an S-Corp rather than just a Corp for which filing form 2553 is required if you want to be taxed as an S-Corp
Section 1361 of the Code defines an S corporation, not state law, and incorporation happens at the state, not federal, level after articles of incorporation are filed with the state, at which time the corporation is a C corporation until the shareholders file Form 2553 (and the IRS accepts it).
