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KNIGHTS OF COLUMBUS 700 South 36th Street Quincy, Illinois 62301 217223KECK (5325)Knightly NewsNonProfit Org. U.S. POSTAGE PAID PERMIT No. 724 QUINCY, Imams Construction VarcoPruden Buildings General

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What is s go?

S GO refers to the 'S Corporation Election, Form 2553' which is used by eligible corporations to elect to be taxed as an S corporation.

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Any corporation that wishes to be treated as an S corporation for tax purposes must file Form 2553 to make the election.

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To fill out Form 2553, a corporation must provide information such as its name, address, the date of incorporation, and the number of shareholders, along with their consent.

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The purpose of filing Form 2553 is to choose S corporation status, which allows income to be passed through to shareholders and avoids double taxation.

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The form requires the corporation's name, address, date of incorporation, selected tax year, and the consent of all shareholders.

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