Jump to content
ATX Community

Recommended Posts

Posted

I faxed a 2553 to the IRS on June 1, and the client has so far not received a letter from the IRS regarding his election to be treated as an S Corp.  This is a new corporation that was incorporated effective 5/12/16, and I want to be sure the election goes through.  Should I be concerned yet that he has not received the notice accepting or denying his election?  IRS does still send out letters regarding this, don't they?

Posted

I wouldn't be concerned because of all the options for having a late election accepted. I haven't seen an S acceptance letter in awhile, come to think of it.

I attached a 2553 to a first year S corp for 2015 because I wasn't sure the 2553 had been accepted and got a letter back saying that I didn't need to attach the 2553 because it had been accepted already.

This shouldn't be so hard.

  • Like 2

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Restore formatting

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...