Are you a new small-business owner who wants clarity on the main difference between an S corporation and a C corporation? One of the first things you will have to consider as a business owner is your ...
Many entrepreneurs with a Limited Liability Company (LLC) or C Corporation find S Corporation tax treatment an attractive option. An S Corporation is not a business entity in and of itself, but rather ...
A corporation, including one that is taxed as an S corporation, must always file its initial tax return with the Internal Revenue Service, even if it had no business activity to report. For an S ...
An S corporation is a peculiar business, from a tax perspective, that can be complicated for a small business. An S corporation does not pay payroll taxes or taxes on all its income, as these tax ...
An S corp is an organization that has chosen to pass its tax burden to its shareholders, rather than report income, losses, deductions and credits directly to the Internal Revenue Service (IRS).
An S-corp is a special designation in the U.S. tax code for small businesses. Pros include less personal liability. Many, or all, of the products featured on this page are from our advertising ...
S-corps and C-corps have very different pros and cons when it comes to taxes, formation and who the owners are. Many, or all, of the products featured on this page are from our advertising partners ...
CPAs can help their clients determine what is a reasonable salary to pay shareholder employees (SEs) of S corporations, thus satisfying an IRS priority to collect proper amounts of employment taxes.
Jessica Gibson is a content update editor and writer for Investopedia. She has over 10 years of experience in digital publishing and three years of experience covering financial topics like insurance, ...
An S corp and C corp share a number of similarities. They are both types of corporations recognized by the IRS. They can also both raise funds by issuing stock to shareholders. However, S corps are ...