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S Corporations, or s corps, combine pass-through taxation with the ability to structure compensation, which allows the business owner to enjoy credibility and protections without being subject to the same tax rules as mega-corporations. See the latest industry news and updates related to S Corporations.
Asset protection, pass-through taxation and ability to pay salaries to the owners are among the S corporation advantages. But, there are disadvantages, as well. These include strict qualification requirements and corporate formalities.
Are you considering electing S corporation status for your California corporation? Learn about the unique obligations that California imposes on S corporations.
Learn about forming and operating an S Corporation.
S Corporations can offer significant advantages to the business owners. Learn more about operating as an S corporation.
Learn about IRS tax treatment of S Corporations, S Corp restrictions and making the S Corp election.