Business Services
Follow the Steps Below to Start a New Business:
STEP #1
Determine type of entity to be established
--In general, many professional practices and operating businesses incorporate as corporations and then make
an S-Corp election.
--Many real estate businesses operate as Limited Liability Companies (LLCs)
The ultimate "entity type" decision should be made after discussion with an accountant or legal advisor. The
comments above are general in nature and may not apply to all businesses.
STEP #2
Incorporate the new business. To incorporate in the State of Florida CLICK HERE
STEP #4
If applicable, file Form 2553 S-Corp Election within 2 1/2 months of the date the corporation first had
shareholders, had assets or began doing business CLICK HERE. Have your CPA or professional advisor
review Form 2553 before sending it to the IRS.
STEP #3
Get a Federal Identification Number from the Internal Revenue Service (IRS)
Hyperlink to IRS web site CLICK HERE FOR IRS FORM SS-4
Once you fill out the form, you can --
Mail it to the IRS:
Internal Revenue Service
EIN Operation
P.O. Box 9003
Holtzvillen, NY 11742-9003
Fax it to the IRS - Fax No. 631-447-8960
