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Contact Us
With our 24/7 connected environment, you can assure yourself that you can reach one of our representatives anytime from anywhere.
Fill up the simple contact form and you will reach to one of our representatives to order conversion and to let us know the changes you want to make. It is that simple.
Our experienced staff takes all the necessary information from you that will be helpful in documentation. Based on your information we prepare the documents and file these.
Once we complete the process, we send you all the information including the prepared document via email. If you wish to talk to our representative regarding the documentation you can email us or give us a call.
Our staff has years of collective experience to handle any type of paperwork and filings.
Experienced Professionals
CPA CLINICS has done thousands of corporate conversions for its clients. We put all of our expertise into preparing your documentation to make sure that everything is good to be filed.
Quick & Trustable Services
You want to minimize your initial report submission process. We guarantee fast and reliable service. Talk to our staff to start the process right away.
Avoid The Headaches
It is better to hire CPA CLINICS rather than researching the state’s requirements and try to deal with documentation on your own.
Stay In Compliance
Remember once submitted you cannot change the information. If anything goes wrong, then you have to redo it and it would take additional time and cost
CPA CLINICS’ business conversion services assist companies with changes in business entity status. The business has to file a conversion document to the state agency in charge of the company filing to approve the business conversion. We assist with the legal process to convert LLC to a corporation or to change to S Corporation for tax purposes.
Before submitting the request for an LLC to convert to an S Corporation, a company must comply with the below requirements:
A business has to fill in form 8832 and file with the IRS if the entity’s tax status requires change, but not its structure. If the form is not filled in completely, the LLC will be classified according to the IRS’s standard rule. Once the Tax status is changed from an LLC to a Corporation, one cannot change it again for at least 60 months. The LLC must file Form 2553 if it wants to be taxed as an S Corporation. Unless the IRS recognizes the entity like an S Corporation for tax purposes, an LLC is not a corporation.
LLC can convert into a corporation, but it takes more paperwork and taxes. Some states have easy business conversion necessities. If you are looking for business conversion services, then we can help you out. Hire Us today.
If you want the S Corp in place, you must reminisce that it must transpire no more than two months and 15 days after the commencement of the tax year. You can do it anytime before the tax year. Businesses are permissible to elect an assortment of tax years yet can stay entitled for the S Corp election.
There are several benefits of business conversion (conversion from LLC to S Corporation.) The advantages include business continuity, limited personal liability, better access to capital, and occasional tax advantages.
It depends on the specific circumstances. However, a default LLC tax structure is generally better than the S Corp election tax structure for holding rental properties because rental income is considered passive income, and it is not subject to self-employment tax.
To elect an S Corporation tax status, you need to file paperwork to IRS. You can choose anytime after setting up your SMLLC.
CPA CLINICS is the number 1 choice when it comes to filing legal documents with the state. We have been providing these services for years and offer 100% guaranteed satisfaction of error-free submission. Hire CPA CLINICS today to convert your business entity, lowest price guaranteed.
Why would you want to waste your precious financial resources, take unnecessary stress, and expose yourself and your business to unnecessary compliance and inaccurate and untimely financial reporting risk?
Our team of Certified Public Accountants and Certified Internal Auditors are here to assist.
No minimum time-period contract! Try us out!
