Calculate your savings. Upgrade your business to an S Corp.
SCORPYourLLC is the fastest and most affordable way to elect your business to an S corp. You complete our basic questionaire. We prepare the necessary legal documents and manage the filings.
Total Annual Revenue
The total amount of income generated by the sale of goods or services related to the company's primary operations for that year.
Annual Business Expense
The total amount of costs you incur while operating your business for that year.
Annual Business Salary
Your total business salary for that year.
How it works?
Complete our simple questionare.
We prepare, review, and file your documents ( Form 2553).
IRS processess our filing.
We assist you with choosing the right tools to efficiently manage your S corp.
Common asked questions
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Electing from an LLC to an S corp can help you save on self-employment taxes.
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To elect to an S corp, your business needs to meet a few requirements: you must have 100 or fewer shareholders, and they all have to be U.S. citizens or residents. You can only issue one class of stock.
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Electing to an S corp will mean you’ll need to follow more formal management practices, like holding regular board meetings and keeping detailed records. You'll also need to pay yourself a reasonable salary, which is subject to payroll taxes, and comply with IRS rules on who can be a shareholder and how stock is issued.
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We review and file in one business day. The IRS and State Agency takes between one to six weeks to be processed.