Operating an LLC—or a corporation—taxed as an S-corp can provide significant tax savings to small businesses at every level.

The Internal Revenue Service allows certain corporations that meet specific requirements to elect to be treated as an S corporation. An S corp is not a form of business organization, such as a ...

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 ...

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 ...

The relief proposals that are to be acted on by the House of Representatives as part of “Build Back Better” reconciliation legislation (approved by a largely party-line vote of 24 to 19) can have ...

There are three main options: salary, distributions or both. The best choice depends partly on your role in the S-corp. Many, or all, of the products featured on this page are from our advertising ...

(From left) Solo entrepreneurs Catherine Sontag, Stephen Schenck and Misha Cariola. The post-pandemic years have shown an inverted trend from the last 50 — instead of declining entrepreneurship rates, ...

An S-corporation is a small corporation consisting of no more than 100 shareholders upon inception. These shareholders all own a part of the business, but there are times when it's desirable to remove ...

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).

A district court granted summary judgment denying an attorney’s claim for reimbursement of assessed taxes, penalties, and fees because he was not entitled to the disallowed deductions claimed on his ...

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 ...