Can a PC be an s-corp?

Yes, a Professional Corporation (PC) can elect to be taxed as an S Corporation (S-Corp) by filing Form 2553 with the IRS. This allows the PC to benefit from pass-through taxation, meaning that income is not taxed at the corporate level but rather at the shareholder level. However, there are specific eligibility requirements that must be met, including limits on the number of shareholders and who can be a shareholder. It's important to consult with a tax professional to ensure compliance with all regulations.