An S-Election for your company is for the purpose of eliminating double taxation on income. After choosing S-Election for your company election, business income is only taxed only once, at the shareholder level, not at both the shareholder and corporate levels. Thus, avoiding double taxation.
If you want to eliminate double taxation, let us draft your S-Election documents on your behalf and provide you piece of mind that it will be done right, the first time.
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