Skip to content
ELITE B TAXServices— Elite B Tax home

Business structure

Start your business on the right foundation.

Your entity type affects taxes, liability and paperwork for years. We help you choose the most suitable structure and set it up properly.

Prefer to talk? Call +1 (302) 202-2139

Service

Entity Formation

What's included

  • Entity comparison for your situation
  • LLC, corporation and partnership formation
  • EIN application
  • S corp (2553) and entity classification (8832) elections
  • First-year compliance calendar
Request help with this service

Sound familiar?

The wrong structure can cost you later

  • Paying more self-employment tax than necessary
  • Personal liability exposure
  • Structures that don't fit investors or partners
  • Missed election deadlines

The service

Picking the right entity

We compare sole proprietorships, LLCs, partnerships, S corporations and C corporations based on your income, number of owners, growth plans and residency of owners.

Once you decide, we help with formation filings, EIN, tax elections and your first-year compliance calendar.

  • Entity comparison for your situation
  • LLC, corporation and partnership formation
  • EIN application
  • S corp (2553) and entity classification (8832) elections
  • First-year compliance calendar

Who needs it

  • First-time founders and small business owners
  • Freelancers growing into a business
  • Partners starting a company together
  • International founders entering the U.S.

Documents to have ready

  • Business name options and state
  • Owner details and ownership split
  • Expected revenue and business activity
  • Owner identification documents

Don't have everything? Start anyway — we'll tell you exactly what's missing.

Process

How it works

What to expect with our Entity Formation service.

  1. 01

    Tell us about your situation

    Share a few details online or by phone so we understand what you need.

  2. 02

    Upload your documents

    Send your documents through our secure upload — from your phone or computer.

  3. 03

    Professional review

    We recommend a structure, then prepare the formation filings and tax elections.

  4. 04

    File & track

    You receive your documents, EIN and a clear list of upcoming filing dates.

The details

Forms, deadlines and common mistakes

What the Entity Formation process involves, so you know what to expect before you start.

Forms involved

State formation documents
Articles of organization (LLC) or incorporation (corporation)
Form SS-4
EIN application
Form 2553
S corporation election
Form 8832
Entity classification election

Key deadlines

2 months and 15 days
Form 2553 is generally due within 2 months and 15 days of the start of the tax year the election should take effect

A due date on a weekend or legal holiday moves to the next business day. See all tax deadlines.

Common mistakes we fix

  • Choosing a structure before estimating profit, payroll and owners' plans
  • Forming in another state without accounting for registration in the state you operate in
  • Missing the S corporation election window

Pricing

Fees depend on how complex your situation is — for example the number of forms, states, accounts or years involved. You get a quote before any work begins, and there is no charge for the first conversation.

Official sources

General information, not advice for your situation. Read our disclaimer.

Prepared by professionals. Explained clearly.

  • Registered Electronic Return Originator (ERO) with the IRS
  • Returns prepared by CPAs, CAs, EAs and PTIN-holding tax professionals
  • Practice guided by IRS Circular 230
  • 22,291+

    Customers served

  • 4.9/5

    Customer rating

  • 10+

    Years of experience

.

Entity Formation FAQs

Still have questions? Talk to our team

Get started

Tell us what you need

Share a few details and our team will contact you to discuss the right next step.

Your information is kept confidential.

Ready to Get Your Taxes Sorted?

Start with a simple conversation. Tell us what you need and we'll help you determine the right next step.

Get Started