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Yes, it is possible to establish an S-corp as a one-person business. While traditionally S corporations are formed with multiple shareholders, the IRS allows a single individual to set up an S corporation. As an individual, you can be the sole shareholder, director, and employee of the S-corp.

Cleaners, dryers, and laundries. Gross receipts from cleaning and pressing, dry cleaning, and laundry services are subject to sales tax. No deduction may be taken for items expended by an operator in providing the service.

In order to become an S corporation, the corporation must submit Form 2553, Election by a Small Business Corporation signed by all the shareholders. See the Instructions for Form 2553 PDF for all required information and to determine where to file the form.

The state issues special interest plates with the tribe's name and emblem which can be purchased by any vehicle owner, Indian or non-Indian, who registers a vehicle in the state.

Yes, one person can form an S corporation and serve as its sole board member and employee. Note, however, that you'll still need to hold annual meetings of the board of directors and take minutes at those meetings, even if you're the only one in attendance.

To form a South Dakota S corp, you'll need to ensure your company has a South Dakota formal business structure (LLC or corporation), and then you can elect S corp tax designation. If you've already formed an LLC or corporation, file Form 2553 with the Internal Revenue Service (IRS) to designate S corp taxation status.

Economic nexus Remote sellers and marketplace facilitators that have gross revenue from sales exceeding $100,000 in the previous or current calendar year must collect and remit South Dakota sales and use tax on taxable sales.

Under South Dakota statute, where as estate is valued at less than $50,000, an interested party may issue a small estate affidavit to collect any debts owed to the decedent. South Dakota Requirements: South Dakota requirements are set forth in the statutes below. § 29A-3-1201.

A South Dakota county or municipality that has adopted a home rule charter may exercise “any legislative power or perform any function not denied by its charter, the Constitution, or the general laws of the state.” Home rule governments may choose any form of executive, legislative, or administrative structure, subject ...