Missing the S-Corp election deadline does not mean losing
the tax benefits. Under IRS Rev. Proc. 2013-30, most
businesses can file a late Form 2553 and have their election
treated as if it was made on time. Here is exactly how to
qualify, what to file, and how to avoid the mistakes that
disqualify relief.
High earners do not need loopholes to pay less in taxes. They
need strategy. Here are 10 IRS-approved ways to legally lower
your 2026 tax bill through smart entity structure, retirement
contributions, real estate deductions, and year-end planning.
