I have a new client who set up an S Corp in January 2018 - owns 100%.
Now, in May, he decides to add a shareholder. They will each own 50% of the S Corporation. Since the original Form 2553 was filed back in January 2018 with just the one shareholder's consent/authorization. Does a new Form 2553 need to be filed so that the new shareholder can consent?
Any help/guidance would be appreciated.
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