How to Complete IRS Form 2553 "S" Corporation Election

This video covers the following topics:

1. What entities are eligible to make the election?
2. Why would an entity want to make an "S" corporation election?
3. Which fields should be completed and when to file?
4. Late filing procedures under Rev. Proc. 2013-30.
5. How does it change income tax reporting for the entity post-election?

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