ParaFort

To elect S-Corp status, your business must:

Have only allowable shareholders (individuals, certain trusts, estates)

We’ll help you determine if your business qualifies.

- Be a U.S.-based entity
- Have only allowable shareholders (individuals, certain trusts, estates)
- Have no more than 100 shareholders
- Have one class of stock
- Be an LLC or domestic corporation
- We’ll help you determine if your business qualifies.

Who qualifies for S-Corp status?

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