Starting and running your own corporation can be a daunting task, but it can also be very rewarding. S-Corporations are a popular choice for small business owners, as they offer a number of advantages over other business structures, including limited liability, pass-through taxation, and increased flexibility.
To start an S-Corporation, you will need to file Articles of Incorporation with your state’s Secretary of State. You will also need to obtain an Employer Identification Number (EIN) from the Internal Revenue Service (IRS). Once you have completed these steps, you will be able to open a business bank account and start operating your S-Corporation.