How To Form an S-Corporation in California (Part 1 of 3)

In this video, Alexander Efros, MBA, EA, CPA, CFP® from Efros Financial explains the tax implications of forming an S-Corporation in California (Part 1 of 3).


Select a timestamp below to skip to any specific section of the video:

1. 1:11 - Form a Business Entity (ex. LLC, Corporation, LLP, etc.);
2. 1:48 - Which type of business entity should you form?;
3. 5:58 - Can a sole proprietor make the S-Corporation election?;
4. 6:23 - Forming an LLC in California (Articles of Organization);
5. 8:21 - Forming a Corporation in California (Articles of Incorporation);
6. 11:20 - Statement of Information.


Links:

Forms applicable to business entities and the state of California are available on the CA Secretary of State (SOS) website:


Articles of Organization (LLCs):


Articles of Incorporation (Corporations):


Get information on business entities registered in the state of California:


Check processing times for entity formation documents on the CA Secretary of State (SOS) website:


Statement of Information (LLCs) - Must be filed every two years after the initial filing.


Statement of Information (Corporations) - Must be filed every year after the initial filing.


Federal Employer Identification Number (FEIN) Online Application:


Ensure that your business entity meets the requirements pertaining to S-Corporations as detailed below:



Questions? Please feel free to reach out to us at (323) 531-3500 or info@efrosfinancial.com.

s-corporation,start an s-corporation,s-corp,taxes,s-corp taxes,forming an s-corporation,form an s-corp,starting an s-corporation,california,s-corp ca,ca s-corp,s corporation,s corp,how do I start an s-corporation,income tax,income taxes,ca,how to start an s-corp,how to form an s-corp,tax implications of s corporations,