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URL:https://www.learndesk.us/class/5773597035462656/lesson/d9e1799ddbd9707017b751f6b28c06ce?ref=outlook-calendar
SUMMARY:Video Walk-Through: Fill Out and Send in Your IRS Form 2553
DTSTART;TZID=America/Los_Angeles:20260516T190000
DTEND;TZID=America/Los_Angeles:20260516T200000
LOCATION:https://www.learndesk.us/class/5773597035462656/lesson/d9e1799ddbd9707017b751f6b28c06ce?ref=outlook-calendar
DESCRIPTION: 
In this lesson, we will walk-through filling out your S Corp election (IRS form 2553).
Here’s the summary:

After you obtain your Federal EIN, you will need to fill out and send in your S Corp (small business corporation) election. It should only take about 5 minutes to fill out, but the hassle is…you have to fax this one in.
I use an app called Scanbot to send the fax. It will take pictures of documents and then turn them into low file size PDFs for you. Then you can pay a dollar, inside the app, to fax it anywhere. It’s pretty handy actually.
You are also supposed to get this within 2.5 months of your entity being established. Now that said, if you blow it and don’t get it in, you can apply for “late acceptance.” I have always had my CPA do late requests (to give them the best chance of being accepted), and I have never been declined so far.



https://www.learndesk.us/class/5773597035462656/lesson/d9e1799ddbd9707017b751f6b28c06ce?ref=outlook-calendar
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