Generally, an election made after the 15th day of the 3rd month but before the end of the tax year is effective for the next tax year unless you can show failure to file on time was due to reasonable cause.
Attend to other details. In addition, corporations have to pay federal taxes by March 15 -- a full month before the individual federal tax filing deadline. True color 24 bit RGB images do not need a color table. When you file articles of incorporation with your secretary of state, your company will become a standard C-corp.
Usually it is advisable to set up the corporation in the state in which you are based, rather than in another state that is considered to have laws more favorable to corporations, for example, Delaware or Nevada.
That doesn't mean, however, that a small business or a sole proprietor is barred from becoming a C corporation. The 'idx1' index supports rapid seeking to frames within the video file.
Many small business owners opt for S-corp status to save money on taxes. S-corps also prevent you from issuing preferred stock and different classes of stock, which can make it harder to raise money from investors and incentivize early owners.
For example, video data chunks belonging to stream 0 would use the identifier '00dc'. Certain cities and municipalities require you to register for their taxes as well -- check with a local accountant to make sure you haven't overlooked any taxing jurisdiction where your corporation is located.
C-corporations have no restrictions on ownership. Their investments in the company are their only financial risk. Easier to raise money.