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S Corp vs. C Corp: Understanding Business Structure Differences

When incorporating a business, entrepreneurs have several options to choose from, including S corporation (S corp) and C corporation (C corp). Understanding the differences between the two business structures is crucial to making an informed decision for a strong legal foundation for your business.  What Is a C Corp?   A C corp is legally distinct from its shareholders. Accordingly, shareholders are not personally liable for… Read More »S Corp vs. C Corp: Understanding Business Structure Differences

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What Is S Corporation vs. LLC? Exploring Definitions and Pros & Cons

A limited liability company (LLC) is a type of business entity formed as a private company in the United States. An S corporation (or S corp) is a corporation that elects to be taxed as a pass-through entity (the business does not pay income tax at the entity level; the owners do). While they are different, they have some similarities. Both protect the owners from… Read More »What Is S Corporation vs. LLC? Exploring Definitions and Pros & Cons