• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

Evergreen Small Business

Actionable Insights from Small Business CPAs

  • Home
  • Small Business FAQ
  • Monographs
    • Business Planning Workbook
    • Download Your Free Copy of the Thirteen Word Retirement Plan
    • Five Minute Payroll Monograph (2019 Edition)
    • LLC Operating Agreement
    • Maximizing PPP Loan Forgiveness
    • Maximizing Sec. 199A Deductions Monograph
    • Preparing Form 3115 for the Tangible Property Regulations
    • Preparing U.S. Tax Returns for International Taxpayers
    • Real Estate Tax Loopholes & Secrets
    • Red Portfolio Black Portfolio FAQ and Download
    • Sample Corporate Bylaws
    • Setting Low Salaries for S Corporations
    • Small Business Tax Deduction Secrets
    • Small Businesses and the Affordable Care Act (Obamacare)
    • Joining Our Affiliate Program
  • Our Bloggers
  • Free LLC Formation Kits
    • Alabama LLC
    • Alaska LLC
    • Arizona LLC
    • Arkansas LLC
    • California LLC
    • Colorado LLC
    • Connecticut LLC
    • Delaware LLC
    • Florida LLC
    • Georgia LLC
    • Hawaii LLC
    • Idaho LLC
    • Illinois LLC
    • Indiana LLC
    • Iowa LLC
    • Kansas LLC
    • Kentucky LLC
    • Louisiana LLC
    • Maine LLC
    • Maryland LLC
    • Massachusetts LLC
    • Michigan LLC
    • Minnesota LLC
    • Mississippi LLC
    • Missouri LLC
    • Montana LLC
    • Nebraska LLC
    • Nevada LLC
    • New Hampshire LLC
    • New Jersey LLC
    • New Mexico LLC
    • New York LLC
    • North Carolina LLC
    • North Dakota LLC
    • Ohio LLC
    • Oklahoma LLC
    • Oregon LLC
    • Pennsylvania LLC
    • Rhode Island LLC
    • South Carolina LLC
    • South Dakota LLC
    • Tennessee LLC
    • Texas LLC
    • Utah LLC
    • Vermont LLC
    • Virginia LLC
    • Washington LLC
    • West Virginia LLC
    • Wisconsin LLC
    • Wyoming LLC
  • S Corporation Kits
    • Alabama S Corporation
    • Alaska S Corporation
    • Arizona S Corporation
    • Arkansas S Corporation
    • California S Corporation
    • Colorado S Corporation
    • Connecticut S Corporation
    • Delaware S Corporation
    • Florida S Corporation
    • Georgia S Corporation
    • Hawaii S Corporation
    • Idaho S Corporation
    • Illinois S Corporation
    • Indiana S Corporation
    • Iowa S Corporation
    • Kansas S Corporation
    • Kentucky S Corporation
    • Louisiana S Corporation
    • Maine S Corporation
    • Maryland S Corporation
    • Massachusetts S Corporation
    • Michigan S Corporation
    • Minnesota S Corporation
    • Mississippi S Corporation
    • Missouri S Corporation
    • Montana S Corporation
    • Nebraska S Corporation
    • Nevada S Corporation
    • New Hampshire S Corporation
    • New Jersey S Corporation
    • New Mexico S Corporation
    • New York S Corporation
    • North Carolina S Corporation
    • North Dakota S Corporation
    • Ohio S Corporation
    • Oklahoma S Corporation
    • Oregon S Corporation
    • Pennsylvania S Corporation
    • Rhode Island S Corporation
    • South Carolina S Corporation
    • South Dakota S Corporation
    • Tennessee S Corporation
    • Texas S Corporation
    • Utah S Corporation
    • Vermont S Corporation
    • Virginia S Corporation
    • Washington S Corporation
    • West Virgina S Corporation
    • Wisconsin S Corporation
    • Wyoming S Corporation
  • Contact Nelson CPA
You are here: Home / S Corporation Kits for All Fifty States / Setting up a Delaware S Corporation

Setting up a Delaware S Corporation

delawareDelaware is a very popular state for incorporating. In all honesty, for all but the largest of businesses — if you are going to do it — you should probably just organize in your home state.

If you are “in the know” about forming in Delaware, you should probably make sure you’re “in the know” about Subchapter S corporations as well. This federal tax designation will likely save you way more, and prove to be far more valuable, than the state you choose for incorporation.

An s-corporation helps small business owners avoid a portion of self-employment taxes. That’s all there is to it. The biggest tax loophole isn’t some magical deduction you qualify for. It’s the one you can designate as soon as you start generating significant profits.

Our Delaware S Corporation kit

In order to form an s-corporation, you must first create an eligible entity. This would be either a corporation or a limited liability company.

The do it yourself kits we provide walk you through the pros and cons of your entity choice, how to complete and where to file the necessary forms in Delaware, procedures on getting an EIN, as well as filling out and filing Form 2553 for the s-election with the IRS.

We recommend most use the LLC version of our s-corporation kit, which you can purchase below:

View Cart

If you want to use a traditional corporation as the base entity type, click below:

View Cart

Note: LLCs generally have fewer filing requirements than corporations, thus, making them simpler. And simpler, in these cases, is usually better.

Money Back Guarantee

If, after purchasing one of our Delaware kits, you don’t think our instructions helped or if you are unsatisfied, ask for a refund. Here’s how to email us.

Additional Resources

C Corporation vs S Corporation: A Short Primer: Came here looking to incorporate in Delaware? Check out some comparisons first!

Hiring Your Children as a Tax Loophole: Check out some of the potential benefits, and perhaps more importantly, the right way, to take advantage of this.

How Taxes Kill Successful Businesses: In a period of growth? Be sure you can support it!

Primary Sidebar

Welcome

Nelson CPA publishes this blog to help and encourage small business owners. Click here to learn more about our firm.

Need to help clients with their PPP loan forgiveness applications?

Updated for 2019 tax year changes and now available in print from Amazon!!

Maximizing Sec. 199A Deductions

International tax issues?

Preparing US tax returns for international taxpayers

Maximize S corporation tax savings

Setting Low S Corporation Salaries

Free retirement planning help

Picture of Thirteen Word Retirement Plan book

Featured Posts

Bonds matter to portfolios when investors want to minimize downside risks

Why Bonds Matter for Your Portfolio

A couple of times recently, I’ve encountered people who argue you or I should not invest any part of a portfolio in bonds. Or who argue only a small … [Read More...] about Why Bonds Matter for Your Portfolio

Grouping activities may lead to material participation

Grouping Activities to Achieve Material Participation

This week, a quick discussion of grouping activities as backdoor way to materially participate. But first a bit of background about what material … [Read More...] about Grouping Activities to Achieve Material Participation

The qualified family-owned small business deduction can save Washington capital gains taxes. But rules area maze.

The Qualified Family-Owned Small Business Deduction

If you own or invested in a Washington state small business, you want to know about the qualified family-owned small business deduction. And here’s … [Read More...] about The Qualified Family-Owned Small Business Deduction

Recent Comments

  • Washington State Capital Gains Tax Planning • Nelson CPA on The Qualified Family-Owned Small Business Deduction
  • Stephen Nelson CPA on Six Hacks to Simplify Small Business Accounting and Taxes
  • Andrew on Six Hacks to Simplify Small Business Accounting and Taxes
  • Stephen Nelson CPA on Lottery Tax Planning for a Billion Dollar Drawing
  • Morgan on Lottery Tax Planning for a Billion Dollar Drawing

Archives

Copyright © 2023 Stephen L. Nelson, Inc. · News Pro On Genesis Framework · WordPress