C and S-Corps

March 1, 2016 | Juanita Farmer, CPA

Form of Business Organization: Which Should You Choose?

Form of Business Organization: Which Should You Choose? Businesses fall under one of two federal tax systems: Taxation of both the entity itself (on the income it earns) and the owners (on dividends or other profit participation the owners receive from the business). This system applies to the business S-corporation-called the “C-corporation” (C-corp) for reasons […]

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