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S Corporation

 

 

S Corporation Fact: With an S corporation, income and losses are passed through to shareholders and included on their individual tax returns. As a result, there's just one level of federal tax to pay.
 

 
 

 

 

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S Corporation Basics - This type of corporation can be great for small businesses because it eliminates the double taxation of standard corporations.

Choosing Between an S Corporation and a Limited Liability Company - Only United States citizens and resident aliens may own an S Corporation.

Incorporations Library - S Corporations - What are the main differences between an LLC and an S-corporation?


 

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