Business Law

IRS PUBLICATION 15A – EMPLOYER’S SUPPLEMENTAL TAX GUIDE

This publication supplements IRS Publication 15 (Circular E) and contains detailed employment tax information.

FORM SS-4 – APPLICATION FOR EMPLOYER IDENTIFICATION NUMBER

This form is used to apply for an EIN, the nine-digit number used by businesses for tax filing and reporting purposes.

IRS FORM 8832

This is the IRS form used to elect to treat an entity as a corporation, as a partnership, or as a disregarded entity for income tax purposes. Completing and filing this form is an essential part of properly setting up a new business entity or changing the tax classification of an existing entity.

IRS FORM 2553

This is the IRS form used to elect to tax an entity as an S corporation as allowed under IRC sec. 1362 to allow pass-through tax treatment on corporate income. This form is also used to elect Qualified Subchapter S Trust (QSST) treatment as allowed under IRC sec. 1361(d)(2).

INSTRUCTIONS FOR FORM 2553 – ELECTION BY A SMALL BUSINESS CORPORATION

Form 2553 is used by a small business to elect to be taxed as a subchapter S corporation.

FORM 2848 – POWER OF ATTORNEY AND DECLARATION OF REPRESENTATIVE

Form 2848 is used to designate another individual to represent a taxpayer before the IRS, and to receive tax correspondence on behalf of the taxpayer.

INSTRUCTIONS FOR FORM 2848 – POWER OF ATTORNEY AND DECLARATION OF REPRESENTATIVE

Instructions for completing the Power of Attorney and Declaration of Representative form.