Should you file IRS Form 8832?

An LLC can be taxed as a Sole Proprietorship, Partnership, C-Corporation or S-Corporation depending on the owners specific financial situational. The 8832 Form is filed with the IRS to elect a Tax Status other than the default status for your entity, such as an LLC electing to be taxed as a C-Corporation.

The 8832 Form is an optional form; it is not required by the IRS. However, there are several reasons why a business owner would explore an alternate tax classification, including thousands of potential dollars in tax savings. Our goal is that your entity has the best tax classification in order to yield the greatest tax savings and convenience.

Form 8832 Entity Classification Election Package Includes:

• Completed Form 8832 (Election by a Small Business Corporation)
• Detailed instructions for faxing or mailing to the IRS
• 30 minute tax consultation with a CPA
• A review of Form 8832 and your specific tax situation
• Help with other tax-related questions

The cost of a Form 8832 Consultation is $125.00