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a Guide for Organizing Domestic Corporations Illinois Secretary of 2016

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I have a story for you about setting up an S corporation in Delaware let's get into it so here's overview I want to really pay attention to first of all let's go back to the origins so to speak so what is an S corporation so an S corporation is not a business structure or a separate legal entity so it's it is basically a TX classification that either an ALC or a corporation can apply for with the Internal Revenue Service provided that this structure meets or this company for that matter meets the requirements so B so it's it's important for a lot of folks to have Clarity on that concept so an S corporation is not you're not going to file an S corporation with your state the same way you would do with a with an LC or a C corporation you only get this tax classification with the IRS this is for Revenue Taxation purposes by the way boss welcome back to the show it's really a pleasure to have you here and as we're havi

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