{"id":3435,"date":"2016-04-29T13:46:03","date_gmt":"2016-04-29T20:46:03","guid":{"rendered":"http:\/\/evergreensmallbusiness.com\/?page_id=3435"},"modified":"2019-07-01T15:28:59","modified_gmt":"2019-07-01T22:28:59","slug":"setting-up-a-louisiana-s-corporation","status":"publish","type":"page","link":"https:\/\/evergreensmallbusiness.com\/s-corporation-kits-for-all-fifty-states\/setting-up-a-louisiana-s-corporation\/","title":{"rendered":"Setting up a Louisiana S Corporation"},"content":{"rendered":"

\"louisiana\"<\/a>Are you running your own small business? If not, are you interested in doing so? \u00a0If you are operating as a “regular” sole proprietor, LLC, or corporation, making a Subchapter S election with the IRS could save you thousands of dollars in self-employment taxes. \u00a0You read that right. Thousands. For all the details on the “how’s” and “why’s,” be sure to check out some of our additional resources and articles on the topic.<\/p>\n

S-corporations aren’t for everyone. \u00a0If you keep your day job and are running a side business or earn less than, say, $50,000 in profits annually, making the election could\u00a0cause more trouble than it is worth. \u00a0But if you are lucky enough to anticipate profits in six figures, it makes a lot of sense.<\/p>\n

Our Louisiana\u00a0S Corporation kit<\/h2>\n

In order to operate as an s-corporation, you must first set up an eligible entity — either an LLC or corporation. \u00a0Our kits walk you through that process, including examples of forms that will need to be filed with the state. \u00a0It also walks you through the process of getting an employer identification number and filing Form 2553 with the IRS. \u00a0They also provide templates of corporate bylaws or an LLC operating agreement to set up how your new entity will be managed.<\/p>\n

If you are wondering “Which option should I go with?” the answer is probably the limited liability company. \u00a0The have less regulatory red tape and a bit more tax flexibility.<\/p>\n

The LLC kit is available by clicking this button:<\/p>\n