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hi I'm Betty hock Berger CPA in Hollywood Florida and today I'm going to walk you through preparing the form two five five three to make the S corp election so this is the IRS form two five five three election by a small business corporation otherwise known as an S corp there's a couple of pages to this form but you're really only going to look at the first two pages most likely so let's scroll back up to the top so here you've got the name and this should be the business name that you registered with both your state and with the IRS so I'm just going to make up this information for argument's sake here ABC corporation and Inc and you should have also gotten an identification number as part of setting up your business and again I'm going to make this number up and all this needs to match so it needs to match the state information it needs to match the IRS and federal information otherwise you're going to have problem paperwork problems when you submit this and the date incorporated aga

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