Make Your S-Corp Election Right the First Time Mokena, IL with CPA guidance from The Wozny Tax Company

Electing S Corporation Status for Your Mokena LLC or Corporation

Know your deadline, set your owner pay correctly, and file Form 2553 with confidence.
The Wozny Tax Company prepares and files IRS Form 2553 S corporation elections for LLCs and corporations in Mokena and across Will County, then sets up owner payroll at a reasonable salary. If the deadline has passed, we review whether late-election relief may apply.
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Why owners call us for CPA and tax services in Mokena, IL at The Wozny Tax Company

Why owners call us

  • I don’t want IRS headaches, I just want this done right.

  • Did I miss the deadline? What happens now?

  • What should I pay myself so I’m compliant?

When these questions linger, day-to-day work stalls: you delay payroll, overpay in taxes, or risk avoidable notices. Our job is to remove the friction so you can focus on customers, not forms.

The Wozny Tax Co. solution

When these questions linger, day-to-day work stalls: you delay payroll, overpay in taxes, or risk avoidable notices. Our job is to remove the friction so you can focus on customers, not forms.

Local & established

Tax preparation firm in Mokena, IL serving Frankfort, New Lenox, Tinley Park, and Orland Park.

S-Corp expertise

We help LLCs and new corporations evaluate eligibility, prepare Form 2553, and set reasonable compensation with payroll.

Late-election familiarity

If you missed the window, we help you understand relief criteria and assemble a compliant filing package (no guarantees).

Faster decisions, less “wait game”

Filing + payroll launch + first-quarter check-in.

Benefits you can feel this quarter

  • Deadline clarity: Exactly what date applies to you, what happens if you’re late, and which relief path may be available—without legalese.
  • Owner-pay set correctly: We help estimate reasonable compensation so you can pay yourself as W-2, not guess and worry.
  • Payroll launch with support: We set up payroll, tax accounts, and first runs—so “I’ll start next month” becomes “it’s running.”
  • Savings insight, not hype: Side-by-side look at S-Corp vs. staying as-is, so you can see if it’s actually worth it for your numbers.
  • Local, responsive help :Talk to a real CPA team on Bormet Drive—no call-center shuffle.
Benefits you can feel this quarter with proactive tax planning from The Wozny Tax Company in Mokena, IL
Our transparent process with a typical 1 to 2 week timeline after screening at The Wozny Tax Company in Mokena, IL

Our transparent process (typical 1–2 weeks after screening)

  • Step 1 — Free Screening (20–30 minutes)
    Quick eligibility questions, estimated timeline, and whether an S-Corp makes sense for your revenue. Deliverable: yes/no/“not yet” with next steps.

  • Step 2 — Prepare & File Form 2553
    We gather signatures, confirm tax year/effective date, and file Form 2553 (on-time or relief request when applicable). Deliverable: filed 2553 + confirmation.

  • Step 3 — Payroll & Reasonable Compensation Setup
    We help establish reasonable salary, configure payroll software, withholdings, and first payroll. Deliverable: owner W-2 profile + payroll live.

  • Step 4 — First-Quarter Check-In
    15-minute review after your first few payroll cycles: adjustments, questions, and reminders for quarterly items. Deliverable: short action list.

Evidence and local trust for CPA and tax services in Mokena, IL at The Wozny Tax Company
  • CPA-led with year-round bookkeeping, payroll, and business tax prep under one roof.
  • Pricing bands for CPA and tax services in Mokena, IL at The Wozny Tax Company
    Results vary by facts. Educational info only; not legal advice.

    Is S-Corp worth it for me?

    FeatureSole Prop / LLC (default)S-Corp (elected)C-Corp
    Owner payDrawsW-2 wages + distributionsW-2 wages + dividends
    Self-employment taxOn all net profitOn W-2 wages only (not on distributions)Not applicable; double-tax risk
    Payroll required?NoYes (owner W-2)Yes
    Admin loadLowModerate (payroll, filings)Higher (corporate formalities)
    (Comparison is general; your situation may differ.)
    Serving Chicagoland from Mokena with CPA and tax services from The Wozny Tax Company

    Serving Chicagoland from Mokena

    Find us at 9400 Bormet Dr Ste 7, Mokena, IL 60448. Proudly serving Frankfort, New Lenox, Tinley Park, and Orland Park. Call 708-479-1700 or tap below to start.

    FAQs

    Is S-Corp worth it for me?

    Avoid deadline stress. Get your S-Corp election right the first time.
    Start My S-Corp ElectionLet Us Help

    S-corp elections connect to our broader business tax preparation service.

    Tax Preparation Specialist Mokena Accountant Wozny Tax

    Tax Preparation Service Area From Our Mokena, IL Office


    Let our Certified Public Accountants along with our full service team help make your business more successful so you can achieve the financial success you deserve.

    Address


    The Wozny Tax Company
    9400 Bormet Dr, Suite 7, Mokena, IL 60448

    Phone: 708.479.1700

    Business Hours


    Monday: 9:00 AM– 4:00 PM
    Tuesday: 9:00 AM– 4:00 PM
    Wednesday: 9:00 AM– 4:00 PM
    Thursday: 9:00 AM– 4:00 PM
    Friday: Closed
    Saturday: Closed
    Sunday: Closed

    Service Area


    Serving clients from Joliet, Mokena, Hinsdale, Oak Park, New Lenox, Homer Glen, Naperville, Plainfield, Bolingbrook, Orland Park, Tinley Park, Downers Grove, Oak Lawn, and Manhattan.
    Book My Tax Consultation