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https://www.readysetincorporate.com/faq-items/can-i-cause-my-corporation-to-be-an-s-corp-at-the-end-of-the-year-after-i-see-how-my-year-has-been/
Export date: Thu May 2 16:11:01 2024 / +0000 GMT

Can I cause my corporation to be an S Corp at the end of the year, after I see how my year has been?


You wish. But no. Congress treats this election 1 as a go-forward business decision, not a look-back election. The good news is that it's easy to revoke, or even “bust”, the election. But be careful about switching back and forth – as in, things don't work that way.
Excerpt: You wish. But no. Congress treats this election as a go-forward business decision, not a look-back election. The good news is that it’s easy to revoke, or even “bust”, the election. But be careful about switching back and forth – as in, things don’t work that way.
Links:
  1. https://www.readysetincorporate.com/faq-items/what -is-an-s-corporation/
Post date: 2015-08-10 15:55:32
Post date GMT: 2015-08-10 22:55:32

Post modified date: 2015-08-10 15:55:32
Post modified date GMT: 2015-08-10 22:55:32

Export date: Thu May 2 16:11:01 2024 / +0000 GMT
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