IRC SECTION 1372 AND REGULATIONS
SECTION 1.1371-2 REQUIRE THAT FORM 2553 BE USED BY AN ELECTING
SMALL BUSINESS CORPORATION TO ELECT SUBCHAPTER S STATUS. THIS
ELECTION IS TO BE SIGNED BY THE CORPORATION ALL SHAREHOLDERS OF THE
CORPORATION. THE INFORMATION OBTAINED IS NECESSARY TO DETERMINE IF
THE ELECTION SHOULD BE ACCEPTED.
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.