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S Corporation

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.


S Corporations Offer Advantages - And Disadvantages

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. S corporation is a term that comes up whenever a business owner seeks advice regarding how to structure the business. Many people have strong views on which is better—an S corporation or an LLC. The fact is that there is not a single perfect choice. The best choice depends on the type of business, the plans for the business and the short- and long-term goals of the owners. This article will help you understand the advantages and disadvantages of an S corporation, which is an important first step in determining if the S corp is the right option for your company. While there are many similarities across all the states, each state is slightly different. It is important to consult with a business professional that knows the ins and outs of each state’s laws.

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Forming an S Corporation in California

Are you considering electing S corporation status for your California corporation? Learn about the unique obligations that California imposes on S corporations.

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S Corporation FAQs

Learn about forming and operating an S Corporation.

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Choice of Business Form: The S Corporation

S Corporations can offer significant advantages to the business owners. Learn more about operating as an S corporation.

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Webinar: The New Tax Law and Entity Selection and Operation

Tuesday, March 6
Internet-based Webinar
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S Corporations

Learn about IRS tax treatment of S Corporations, S Corp restrictions and making the S Corp election.

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