Why You May Want to Consider Electing S Corp Status Now

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TAX REPORTING

Why You May Want to Consider Electing S Corp Status Now

By The BIDaWIZ Team on February 23rd, 2012 at 8:00 pm

The March 15th deadline for corporations to file their business tax returns or form 1120 is less than a month away. While preparing business tax returns are important as well as filing franchise taxes, which are due March 1st, it may be time to consider electing S Corporation status for 2012. C Corps have until March 15th to convert to an S Corp. .

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