Don't Know If Your Company Is an S Corp or a C Corp? Watch This!

Did you create your LLC or corporation years ago, haven't filed its tax returns for a while, and cannot remember how it should be treated for federal income tax purposes (for example, whether your LLC is a disregarded entity, an S corporation, or a C corporation)? This is a must before you get this business entity caught up on its tax return filings.
Do you have unfiled tax returns that need filing? Call us at 866-8000-TAX or fill out the form at choicetaxrelief.com/
Mentioned IRS Line:
-Business and Specialty Tax Line and EIN Assignment (800-829-4933)
Table of Contents:
0:00 Unsure If Your Business Is an S Corp or a C Corp?
0:30 S Corps and C Corps Are Taxed Very Differently
1:07 "What Kind of Business Entity Did You Set Up?"
1:31 Using the IRS ENMOD Transcript to Determine If Your Business Made the S Election
#scorporation #ccorporation #businesstaxes