Taxes & EIN
S Corp Election: Deadlines, Form 2553, and How to File
How to file the S corp election: the Form 2553 deadline, who qualifies, what to do if you missed the window, and the state-level catch most guides skip.
Rachel Simmons, Tax & Business Structure Specialist, FormationHub
Rachel focuses on the tax side of forming a business for FormationHub: choosing between an LLC and a corporation, S-corp elections, EIN applications, and how entity choice affects what an owner ends up owing. She writes FormationHub's tax-election and EIN content to lay out the tradeoffs before an owner files, not after.
Articles by Rachel Simmons
Taxes & EIN
S Corp Tax Calculator: How To Estimate Your 2026 Savings
How to actually estimate your S corp tax savings for 2026: the real formula, a worked example, and the three costs most calculators leave out.
Taxes & EIN
S Corp vs LLC: Which One Actually Saves You Money in 2026?
S corp vs LLC: an LLC is a state entity and an S corp is a federal tax election, so the real question is whether your LLC should elect S corp treatment.
Taxes & EIN
What Is an S Corp? A Plain-English Guide to the Tax Election
What an S corp actually is (a tax election, not a business structure), how S corp taxation and distributions work, and who qualifies.
Taxes & EIN
EIN Application: How to Apply for an EIN Free From the IRS
How to apply for an EIN free from the IRS: what to have ready, the online process step by step, and the most common reasons applications get rejected.
Taxes & EIN
EIN Number: What It Is and How to Get One Free
What an EIN number is, what it unlocks for your business, whether you actually need one, and how to get it free directly from the IRS.
Taxes & EIN
Does an LLC Need an EIN? What the IRS Actually Requires
Does an LLC need an EIN? Most do, but the honest answer depends on your member count and whether you have employees or excise tax liability.