{"id":3452,"date":"2016-05-02T14:57:52","date_gmt":"2016-05-02T21:57:52","guid":{"rendered":"http:\/\/evergreensmallbusiness.com\/?page_id=3452"},"modified":"2019-07-01T15:27:12","modified_gmt":"2019-07-01T22:27:12","slug":"setting-up-a-connecticut-s-corporation","status":"publish","type":"page","link":"https:\/\/evergreensmallbusiness.com\/s-corporation-kits-for-all-fifty-states\/setting-up-a-connecticut-s-corporation\/","title":{"rendered":"Setting up a Connecticut S Corporation"},"content":{"rendered":"<p><a href=\"http:\/\/evergreensmallbusiness.com\/wp-content\/uploads\/2015\/08\/connecticut.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-2304 alignleft\" src=\"http:\/\/evergreensmallbusiness.com\/wp-content\/uploads\/2015\/08\/connecticut.jpg\" alt=\"connecticut\" width=\"200\" height=\"258\" \/><\/a>Do you operate a small business in Connecticut? Did you pay much in self-employment taxes last year? Go ahead, pull up a copy of last year&#8217;s tax return. Check page two, line 57. Is there a big number there? Is it five digits or close to it?<\/p>\n<p>You may be able to reduce your tax bill by as much as 15% by making a simple Subchapter S election. You don&#8217;t need to go to an attorney or use one of those other online services that can cost an arm and a leg. You can do it yourself, with one of our kits for just $37.95.<\/p>\n<p>If you haven&#8217;t set up your business entity yet, we can help with that as well. \u00a0The kit includes instructions on setting up an LLC or corporation (entity types eligible to make the s-election) in the state of Connecticut, including examples of the forms.<\/p>\n<h2>Our Connecticut\u00a0S Corporation kit<\/h2>\n<p>As mentioned above, we sell two different kits, one using an LLC as the base entity while the other uses a corporation. \u00a0Now you may be thinking &#8220;Which one should I use?&#8221; If that question popped into your head, you should go most likely go with the limited liability company. Unless there is a specific circumstance to go with a corporation, the LLC generally has less red tape and can be flexible tax-wise.<\/p>\n<p>The LLC version of the kit is here:<\/p>\n<form action=\"https:\/\/www.e-junkie.com\/ecom\/gb.php?c=cart&amp;i=CTScorp&amp;cl=23704&amp;ejc=2\" method=\"post\"><button type=\"submit\">Purchase and Download<\/button><\/form>\n<p><a title=\"View Cart\" href=\"https:\/\/www.e-junkie.com\/ecom\/gb.php?c=cart&amp;cl=23704&amp;ejc=2\">View Cart<\/a><\/p>\n<p>While the corporation version is below:<\/p>\n<form action=\"https:\/\/www.e-junkie.com\/ecom\/gb.php?c=cart&amp;i=CTInc&amp;cl=23704&amp;ejc=2\" method=\"post\"><button type=\"submit\">Purchase and Download<\/button><\/form>\n<p><a title=\"View Cart\" href=\"https:\/\/www.e-junkie.com\/ecom\/gb.php?c=cart&amp;cl=23704&amp;ejc=2\">View Cart<\/a><\/p>\n<p>Each kit comes with its respective governing documents to help assist you in setting up how the entity will be managed.<\/p>\n<h2>Money Back Guarantee<\/h2>\n<p>Did you purchase the kit only to find out it wasn&#8217;t what you were looking for? <a href=\"http:\/\/evergreensmallbusiness.com\/795-s-corporation-tax-return-preparation\/\">Send us a refund request<\/a>, and we will refund the cost.<\/p>\n<h2>Additional Resources<\/h2>\n<p><a href=\"http:\/\/stephenlnelson.com\/articles\/how-s-corps-are-taxed\/\">How S-Corporations Are Taxed: A Short Primer<\/a>:\u00a0Get an idea of how and why s-corporations can save on taxes.<\/p>\n<p><a href=\"http:\/\/evergreensmallbusiness.com\/hiring-your-children-as-a-tax-loophole\/\">Hiring Your Children as a Tax Loophole<\/a>:\u00a0Ensure you set the right mix of salary vs. distributions from your new s-corp.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Do you operate a small business in Connecticut? Did you pay much in self-employment taxes last year? Go ahead, pull up a copy of last year&#8217;s tax return. Check page two, line 57. Is there a big number there? Is it five digits or close to it? You may be able to reduce your tax [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"parent":2084,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"class_list":{"0":"post-3452","1":"page","2":"type-page","3":"status-publish","5":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.3 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Setting up a Connecticut S Corporation - Evergreen Small Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/evergreensmallbusiness.com\/s-corporation-kits-for-all-fifty-states\/setting-up-a-connecticut-s-corporation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Setting up a Connecticut S Corporation\" \/>\n<meta property=\"og:description\" content=\"Do you operate a small business in Connecticut? Did you pay much in self-employment taxes last year? Go ahead, pull up a copy of last year&#8217;s tax return. Check page two, line 57. Is there a big number there? Is it five digits or close to it? 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