Ingersoll & Hicks, family attorneys and business attorneys serving clients in NC and SC
Main Office 1590 Westbrook Plaza Drive, Suite 203 Winston-Salem, NC 27103 336-794-2278 336-794-2281 fax
South Carolina Office 330 E. Coffee Street Greenville, SC 29601 864-527-5924
Legal Services Estate Planning Estate Administration Business Law Elder Law Tax Exemption
© Copyright Ingersoll & Hicks, PLLC.  All rights reserved.  |  Read Our Legal Disclaimer  |  Web development by A Better Web, Inc. 
Ingersoll & Hicks provide estate planning and estate administration, business legal services, npo legal services, and legal services concerning elder law in North Carolina and South Carolina
S-Corporations are kind of like a less formal version of C-corporations. S-Corporations provide investment opportunities and that coveted limited liability protection. But, unlike a C-Corporation, S-Corporations only have to file taxes annually and they are not subject to double taxation. Is an S-Corporation the right entity type for you? This is a great question to explore when starting a business, or changing the structure of your existing business, because of the difference in taxes, the number of shareholders and asset protection.
877.794.2279
S-Corporations in NC and SC benefit from the business law expertise of Ingersoll & Hicks S-Corporation Paperworkwe prepare: 	Articles of Incorporation (filed with the Secretary of State)  	Bylaws of the S-Corporation 	Minutes of the Incorporator and the Minutes of the Directors  	Application for Employer Identification Number (SS-4 Form) 	Election By A Small Business Corporation (Form 2553 - Sub-S Election) 	Stock Certificates to establish ownership 	Shareholders' Agreement
The S-Corporation is perhaps one of the most popular business entities that we form. The S-Corporation may have up to 100 shareholders but it may only be owned by individuals. The advantages of the S-Corporation are as follows: The S-Corporation is easy to form. Provides limited liability in that the individual owners are only liable up to the amount of their investment. The S-Corporation provides a means for passing ownership in a business to your family. The S-Corporation does not pay tax. The individual owners may take part of the company profits as dividends instead of receiving all of their monies as income, bypassing the social security tax of 15.3% on those dividend distributions.
We can advise you in the formation and review of corporations, and can help you make sure you are getting all the possible benefits from your corporation.
Proper formation and management of an S-Corporation can ensure you maintain the proper tax benefits and limited liability.  Contact Ingersoll & Hicks if you need help establishing or maintaining an S-Corporation.  We have the expertise to keep you in compliance while maximizing your benefits.
The guidelines and tax laws for S-Corporations don't have to be daunting.  Contact Ingersoll & Hicks for a consultation. Proper formation and management of S-Corporations is a specialty of Ingersoll & Hicks
Ingersoll & Hicks, family attorneys and business attorneys serving clients in NC and SC
Main Office 1590 Westbrook Plaza Drive Suite 203 Winston-Salem, NC 27103 336-794-2278 336-794-2281 fax
South Carolina Office 330 E. Coffee Street Greenville, SC 29601 864-527-5924
Legal Services Estate Planning Estate Administration Business Law Elder Law Tax Exemption
© Copyright Ingersoll & Hicks, PLLC.  All rights reserved. Read Our Legal Disclaimer Web development by A Better Web, Inc.
Ingersoll & Hicks provide estate planning and estate administration, business legal services, npo legal services, and legal services concerning elder law in North Carolina and South Carolina
S-Corporations are kind of like a less formal version of C-corporations. S-Corporations provide investment opportunities and that coveted limited liability protection. But, unlike a C-Corporation, S-Corporations only have to file taxes annually and they are not subject to double taxation. Is an S- Corporation the right entity type for you? This is a great question to explore when starting a business, or changing the structure of your existing business, because of the difference in taxes, the number of shareholders and asset protection.
877.794.2279
S-Corporations in NC and SC benefit from the business law expertise of Ingersoll & Hicks S-Corporation Paperworkwe prepare: 	Articles of Incorporation (filed with the Secretary of State)  	Bylaws of the S-Corporation 	Minutes of the Incorporator and the Minutes of the Directors  	Application for Employer Identification Number (SS-4 Form) 	Election By A Small Business Corporation (Form 2553 - Sub-S Election) 	Stock Certificates to establish ownership 	Shareholders' Agreement The S-Corporation is perhaps one of the most popular business entities that we form. The S-Corporation may have up to 100 shareholders but it may only be owned by individuals. The advantages of the S-Corporation are as follows:  	The S-Corporation is easy to form. 	Provides limited liability in that the individual owners are only liable up to the amount of their investment. 	The S-Corporation provides a means for passing ownership in a business to your family. 	The S-Corporation does not pay tax. 	The individual owners may take part of the company profits as dividends instead of receiving all of their monies as income, bypassing the social security tax of 15.3% on those dividend distributions.
We can advise you in the formation and review of corporations, and can help you make sure you are getting all the possible benefits from your corporation.
Proper formation and management of an S- Corporation can ensure you maintain the proper tax benefits and limited liability.  Contact Ingersoll & Hicks if you need help establishing or maintaining an S-Corporation.  We have the expertise to keep you in compliance while maximizing your benefits.
The guidelines and tax laws for S-Corporations don't have to be daunting.  Contact Ingersoll & Hicks for a consultation. Proper formation and management of S-Corporations is a specialty of Ingersoll & Hicks