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Old 06-11-2004, 01:32 PM  
collegeclam
So Fucking Banned
 
Join Date: Mar 2003
Location: philadelphia
Posts: 239
You become an S-Corp by filing form 2553 within 75 days of incorporation. whether or not you need to pay a lawyer anything to fill in forms for you, is up to you. a lot of accountants and lawyers make a killing by charging retards an obscene amount of money for filling out a simple form you can download from irs.gov and submit yourself. perfect example: an ss-4 form used to apply for an employer id number aka tax id.

If you write off a vehicle, it must be over a particular weight and used strictly for transporting stuff crucial to work...real estate people get away with this because they carry "for sale" signs.

leasing a company car, thats probably different.

the IRS treats a single member llc as a sole proprietor, unless that single person llc has employees. in that case, the single member llc will need to file a 940 and 941. and if that person has agricultural employees, they file a 943.
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