Filing Late for S Corporation - Form 2553


N

naukhy

We have been in business since 2002 and have filed as S
Corporation from the start. Our accountant (who is no
longer our accountant) never told us that we were suppose to
file Form 2553. We just filed our 2005 taxes and just got a
letter from IRS saying that they were not able to locate our
Form 2553. Can we get filing relief under Revenue Procedure
97-48?

We qualify to be an S Corporation, we have always filed as S
Corporation and we just got a letter from IRS after 4 years
in business.

Thank you in advance for your help
 
Last edited by a moderator:
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P

Paul Thomas

We have been in business since 2002 and have filed as S
Corporation from the start. Our accountant (who is no
longer our accountant) never told us that we were suppose to
file Form 2553. We just filed our 2005 taxes and just got a
letter from IRS saying that they were not able to locate our
Form 2553. Can we get filing relief under Revenue Procedure
97-48?

We qualify to be an S Corporation, we have always filed as S
Corporation and we just got a letter from IRS after 4 years
in business.
Yes. Blame it on the "other guy", be that the CPA,
accountant, attorney, etc.
 
Last edited by a moderator:

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