BizzHopper

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Be Taxed as an
S Corporation

If you’re a growing business owner earning $40K or more in profit annually, electing S Corporation status may be one of the smartest financial decisions you can make. At Bizzhopper, we guide you through the IRS Form 2553 process to ensure you’re not just compliant — you’re tax-efficient, funding-ready, and structured for growth.

Your partner in success:
Simple pricing, powerful features

Starter Plan

The Most Basic Plan

$169

+state fees

BizzFunder Business Credit Starter

Essential Request to Fund Your Business

$299

+state fees

Your partner in success:
Simple pricing, powerful features

Starter Plan

The Most Basic Plan

$169

+state fees

BizzFunder Business Credit

Essentials Required to Fund Your Business

$299

+state fees

Your partner in success:
Simple pricing, powerful features

Starter Plan

The Most Basic Plan

$169

+state fees

BizzFunder Business Credit Starter

Essential Request to Fund Your Business

$299

+state fees

What Is an S Corporation Election?

An S Corporation (or S Corp) is not a business entity type, but rather a tax designation with the IRS. LLCs and corporations can file IRS Form 2553 to elect S Corp status, allowing profits and losses to pass through to shareholders without being subject to double taxation — while avoiding hefty self-employment taxes on all business income.
Key Advantages of S Corporation Status
How Bizzhopper Makes It Easy
Electing S Corp status involves more than just filing a form — it requires choosing reasonable compensation, setting up payroll, and staying compliant with IRS requirements. We walk you through every step:

1. Confirm Eligibility – We verify that your business qualifies for S Corp election.
2. File IRS Form 2553 – On your behalf, with strategic election timing.
3. Set Up Reasonable Payroll – We provide guidance or refer you to trusted payroll providers.
4. Support Annual S Corp Compliance – So you don’t lose your status.
Key Advantages of S Corporation Status
Is Electing S Corp Right for You?
S Corp status is best suited for:
What’s Included in Our S Corp Election Package?
Is Electing S Corp Right for You?
How Much Can You Save with an S Corp?
Let’s say your LLC nets $80,000 in annual profit. Without S Corp election, you’ll owe self-employment taxes (15.3%) on the full amount — around $12,240. With S Corp status, you pay payroll taxes on only your salary (let’s say $40,000), saving you over $6,000.

This alone makes the S Corp election worth it for many businesses.
Feature LLC (Default) LLC taxed as S Corp
Self-employment tax
On entire profit
On salary only
Payroll required
No
Yes
Complexity
Low
Moderate
Tax filing
Schedule C
1120S + W-2
Owner draws
Unlimited
Salary + distributions
Common S Corporation Mistakes (That We Help You Avoid)
Common S Corporation Mistakes (That We Help You Avoid)
Pro Tips for S Corp Success

This is your life. You want to get it right.

This is your life. You want to get it right.

3 Easy Steps to Create S Corporation

Select Your Package

Select Your Package

Choose Aditional Tools

Choose Aditional Tools

Build Business Credit

Build Business Credit

Our Process

Get Your LLC Formation
Form your LLC, Corporation or Non-Profit. Make your business official and protect your personal assets. Choose worry-free compliance and rest easy. We’ll make sure you’re always in good standing with your state.
Get customers
Build Your Brand and Connect with Customers Effortlessly. Establish your online presence with ease. Create a stunning website in minutes, set up your Domain, Business Email, Virtual Office and CRM, —all with our simple, intuitive tools.”
Build Business Credit
Think of business credit as your company’s financial identity. Without it, your business can’t qualify for major funding opportunities, supplier terms, or corporate accounts, but with BizzHopper, you’ll be guided through building business credit for your new registered business.

Why Choose US

You must file Form 2553 within 75 days of formation or by March 15 to be effective for that tax year.

Yes! You’ll still file as an S Corp and receive pass-through taxation benefits.

Yes — you must pay a reasonable salary and withhold/pay employment taxes.

Absolutely. Your structure doesn’t limit your ability to build credit or apply for funding.

Potentially — that’s why we provide compliance reminders and support.

$0 Expedited. Get Automation. From Your Business. Build Business Credit. Get Business Funding. Get Your Business Visible.

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