Ss-4 IRS Form
January 13th, 2008
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Question: Setup up corporation my self. ILL. I know that C-corp Form BCA 2.10 FEIN# FORM SS-4 S-corp FORM 2553. MORE?
I am opening the (S-CORP) Corporation in chicago (CITY of Chicago) Illinois.
Retail Kiosk in the MALL.So far i know that i need the following forms
C-corp Form BCA 2.10 (SECRETARY OF STATE ILL) I know first i have to open an C-Corp
S-corp (Change Status to) FORM 2553 (IRS) After C-Corp I can apply for a S-Corp Status.
FEIN (EIN)# FORM SS-4 (IRS)
**S-CORP —- I think i need another form for the State of Illinois to change my status to S-Corp.
My main concern is that i dont have all the forms that i need.
Thank you!
Answer: I would think your main concern would be the cost of doing this in the first place—you need to do this legally and that will be probably no less than $1500(and don’t be fooled by the Nev and Del $50, or $49.95 prices, they don’t tell the whole thing)
just start your business as a sole proprietor and if things work well, at some time in the future, you might consider forming some kind of corp.
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