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This is my first experience with PDFiller.....so far, it is good. However, I do not like that there is not a contact # to speak to someone in customer support. .
2016-10-17
The "Next" button seems to be getting in the way. Maybe having the next blank fill-in space highlighted would be more user-friendly.
The primary IRS form I filled out had a neat feature for checking boxes. The Schedules (A, B, O) I filled out I had to type "x" in the box. Not a big deal, but ...
2017-11-14
Following my previous comment, I found the tax forms I was working on, but they were titled by the Form, not saved documents. Taking me well over an hour due to the labeling. Need a Saved Documents Option to simplify it.
2018-02-09
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2018-03-16
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2018-10-10
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2018-06-19
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2021-03-05
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2020-10-01
Draft Over Elect Form Feature
The Draft Over Elect Form feature simplifies your process of managing forms. It allows you to draft and finalize forms efficiently, ensuring that you maintain control and accuracy throughout each step.
Key Features
Draft forms seamlessly and revisit them at any time
Easily switch between versions and manage edits
Ensure data accuracy with built-in validation tools
Collaborate with team members in real time
Store and retrieve templates for future use
Potential Use Cases and Benefits
Ideal for organizations needing to draft multiple forms quickly
Facilitates collaboration in teams working on complex projects
Enhances productivity through easy form management
Reduces errors with effective version control
Saves time by using pre-built templates for common forms
This feature addresses the common problem of managing form versions. By allowing you to create drafts, review them, and make necessary edits before finalizing, it helps you ensure clarity and accuracy. You can confidently manage your workflow, knowing that your forms are organized and up-to-date.
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Can you undo an S election?
By filing Form 2553, the corporation made an election to be treated as an S corporation, and that status remains in effect until properly revoked or otherwise terminated. An S election for a prior tax year cannot be revoked because no provision within the Code allows late revocations of S corporation elections.
Can you revoke an S election?
To revoke a Subchapter S election/small business election that was made on Form 2553, submit a statement of revocation to the service center where you file your annual return. The statement should state: The corporation revokes the election made under Section 1362(a) The S corporation's EIN.
How do you terminate an S Corp election and revert to an LLC?
Basic Revocation Requirements Your election to have your LLC taxed as an S corporation was done by filing Election by a Small Business Corporation (Form 2553), most likely when you first formed your corporation. You may revoke your company's S corp. status for the current tax year or for a later date.
How do you stop an S Corp?
Obtain a shareholder vote to dissolve. Stop conducting business. Notify creditors. Liquidate assets. File a certificate of termination. File final government documents.
Why would an LLC be revoked?
Your corporation or LLC's status can be revoked for a number of reasons, including: Failure to file annual reports. Failure to pay franchise taxes. Failure to pay certain state fees.
Can I switch from S Corp to LLC?
Most states have an easy process for changing from an S corporation to an LLC. In some states, you must first form your LLC and then merge the S corporation into the existing LLC. This transaction can be complicated. A shareholders' resolution will need to be passed by the S corporation authorizing the conversion.
How can an S corporation be terminated?
To voluntarily terminate an S corporation's status requires a vote by the shareholders. Any combination of shareholders that make up 50 percent of the outstanding stock must be in agreement to terminate S corporation status. Each shareholder named in the statement must sign the statement.
When can you revoke an S election?
A properly completed revocation of an S election can become effective on any specified date on or after the day on which the revocation is filed. If the revocation is filed on or before the 15th day of the third month of the tax year, it can be effective retroactively to the beginning of the tax year (Sec.
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