Knowledge Base
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S-Corp Basics
Getting Started
Configuration
working with us
Using Formations Platform
Onboarding
Dashboard
End of Year
Accounting
Payroll
Help
Documents
News and Announcements
Release notes
Waitlist
Incorporation and S-Election
S-Corp Basics
Business entities
Cash flow
Bookkeeping
Bank Connections
Transactions
General
Expenses
Taxes
Tax Season
Benefits
401K
Retirement Plans
Health Plan
Accounting
How to read financial documents?
Customer-Only Video Sessions
Taxes
Expenses
Business Growth Mindset
Benefits
Working with Formations
Banking
Relay
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Knowledge Base
S-Corp Basics
Getting Started
Configuration
working with us
Using Formations Platform
Onboarding
Dashboard
End of Year
Accounting
Payroll
Help
Documents
News and Announcements
Release notes
Waitlist
Incorporation and S-Election
S-Corp Basics
Business entities
Cash flow
Bookkeeping
Bank Connections
Transactions
General
Expenses
Taxes
Tax Season
Benefits
401K
Retirement Plans
Health Plan
Accounting
How to read financial documents?
Customer-Only Video Sessions
Taxes
Expenses
Business Growth Mindset
Benefits
Working with Formations
Banking
Relay
S-Corp Basics
S-Corp best practices and basic information on how to run your S-Corp.
Why Do I Need Payroll?
Employing children and spouses
Why do I need a separate business bank account?
What is Reasonable Compensation?
Should I hire a W2 employee or a 1099 contractor?
Business Accountable Plans: Do I Need One?
Why do I need to choose from the Formations’ list of preferred banking?
Delayed 2553 Processing and Late S-Elections
Business entities
What is a pass-through entity?
Cash flow
Can I take money out of my business bank account?