Business & farm

Are you aware of the additional expenses, work and requirements for being taxed as a S-corporation?

 

Although you only provided limited information about what you are trying to do, being taxed as a S-corporation sounds like it COULD be the worst possible tax result.

 

NEVER choose to be taxed as a S-corporation without sitting down with a GOOD tax professional to determine if that is your best option.  In MANY cases it is NOT a good option.  So please schedule an appointment with a good tax professional so they can analyze your specific situation to help you determine the best outcome for you.