Immigration is a perfect start to find new opportunities and by including your own business you'll be able to take advantage of any opportunity that comes your way. See if you're eligible to obtain an Alien Entrepreneur visa today towards your path to becoming a U.S. Permanent Resident green card holder. The Form I-526 Petition by Alien Entrepreneur is used by an entrepreneur to petition and to file for entrepreneur visa themselves for a status so they can enter the United States. An Immigration attorney located in Northern Virginia residing near Annandale, Arlington, Fairfax and Prince William Counties can help you file Form I-526, Petition by Alien Entrepreneur for an Entrepreneur visa in order to ensure all the proper paperwork is filed in the correct manner and to handle any denials or any further course of action if any were to occur.

The main difference between a C corporation and an S corporation is how the corporation is taxed.

What is the Purpose of the Form 2553 Election by a Small Business Corporation?

The purpose of Form 2553 is to  convert your corporation  from a C corporation to an S corporation.  The S corporation status essentially changes the way a corporation is taxed. In S corporations the shareholders are taxed instead of the corporation itself. Whereas in a C corporation the shareholders and the corporation are taxed.