{"id":3449,"date":"2016-05-02T11:40:54","date_gmt":"2016-05-02T18:40:54","guid":{"rendered":"http:\/\/evergreensmallbusiness.com\/?page_id=3449"},"modified":"2019-07-01T15:27:51","modified_gmt":"2019-07-01T22:27:51","slug":"setting-up-an-oklahoma-s-corporation","status":"publish","type":"page","link":"https:\/\/evergreensmallbusiness.com\/s-corporation-kits-for-all-fifty-states\/setting-up-an-oklahoma-s-corporation\/","title":{"rendered":"Setting up an Oklahoma S Corporation"},"content":{"rendered":"

\"oklahoma\"<\/a>Looking for a tax “loophole?” Struggling to figure out the best way to keep more of your profits in your pockets? The safest and easiest way, if your small business will or does earn at least say, $80,000 in profits annually, is the s-corporation.<\/p>\n

By making a Subchapter S election with the Internal Revenue Service, you can save up to 15% on a portion of your profits by eliminating some of the self-employment taxes you pay.<\/p>\n

Our Oklahoma S Corporation kit<\/h2>\n

Our kits provide step-by-step directions to form an eligible entity (either an LLC or corporation — more on these later) in the state of Oklahoma, including samples of the forms you will be filing. If you have already completed this step for an existing business, you can either skip this or use it to verify you did file everything completely.\u00a0It also includes instructions\u00a0for obtaining a federal tax identification number, and for making\u00a0s-election with IRS Form 2553.<\/p>\n

If you are wondering “Which entity type should I go with?” you should almost certainly use the limited liability company kit. LLCs generally have fewer filing requirements in most states, making the governance of them simpler. And who doesn’t need more simpler in their lives?<\/p>\n

Click below to download the limited liability company version:<\/p>\n