Can I elect for S-corporation status?
Generally speaking, a newly formed C-corporation can make an election for S-corporation status provided it meets certain requirements. One accounting firm has a well-written blog post about the process.
If you do make an S-corporation election, please note that the templates on Clerky have been designed solely for C-corporations. We encourage you to consult with an attorney to complete the post-incorporations setup (and any other paperwork) using documents that have been designed for use with S-corporations.