Kentucky LLC & S-Corp Setup for Small Businesses

Start your business the right way - with a local CPA guiding every step.

Forming an LLC or electing S-corp status can save you money and simplify your taxes, but only if it's set up correctly. I help new Kentucky and Louisville businesses choose the right structure, complete the required filings, and understand their obligations from day one.

What’s Included in Business Formation

Entity Formation & Setup:

  • Kentucky LLC formation guidance

  • Articles of Organization support

  • Operating agreement templates

  • EIN registration

  • Business license requirements

  • Louisville Metro occupational tax setup

S-Corp / Tax Elections:

  • S-corp election (Form 2553)

  • Late election relief if needed

  • Payroll setup guidance

  • Reasonable compensation planning

  • KY S-corp requirements

  • First-year compliance checklist

Who This Service Is For

I help new business owners across Louisville who want to set up their company correctly from the start—and avoid common mistakes that lead to tax problems later.

Best for:

  • First-time business owners

  • Sole proprietors upgrading to LLC or S-corp

  • Contractors, trades, and home-service businesses

  • Realtors and rental property owners

  • Online businesses and creators

  • Consultants, freelancers, and gig workers

  • Anyone unsure whether an LLC or S-corp is the right choice

LLC vs S-Corp - Which One Do You Need

The right structure depends on your income, industry, and goals. I help you understand the differences, tax impacts, and ongoing requirements so you can make the best decision for your business.

Key considerations we review:

  • Current and projected income

  • Whether payroll is appropriate

  • Liability protection needs

  • Ability to benefit from S-corp tax savings

  • Administrative requirements

  • Kentucky LLET rules

  • Louisville occupational tax obligations

Why Work With a CPA Instead of a Filing Website

Online filing websites often give generic, cookie-cutter setups—and they don’t explain the tax implications. Working with a CPA ensures your new business is structured correctly and tax-efficient from day one.

Benefits of working with a solo CPA:

  • Personalized structure recommendations

  • Guidance tailored to Kentucky & Louisville rules

  • Correct tax elections (including S-corp timing)

  • No upsells or confusing add-ons

  • Clean setup that integrates smoothly with bookkeeping and tax prep

Frequently Asked Questions

Do you file the LLC paperwork for me?
I assist with all steps and can prepare the information for you, but the state requires owners to submit the final filing.

Can you help me decide between LLC and S-corp?
Yes. I’ll review your numbers and goals to recommend the right structure.

When should I elect S-corp status?
Typically when net profit reaches $35k–$50k or higher, but it depends on your situation.

Will you set up my payroll for S-corp?
I guide you through the requirements and reasonable compensation rules. Full payroll setup can be added.

Do you help with first-year tax compliance?
Yes. I provide a checklist of everything your business needs for the first year.

Set Up Your Business the Right Way

Whether you’re forming an LLC or considering S-corp election, I’ll help you start clean, organized, and compliant—so you can focus on running your new business with confidence.