S Corporations v. C Corporations
Take a look at differences between S corporations and C corporations, with a special focus on tax treatment and an overview of size restrictions and formation requirements for S corporations.
Welcome to our clip on S Corporations and C Corporations!
In this clip, we’ll begin by discussing the distinction between S corporations and C corporations. We’ll focus specifically on the tax treatment afforded each entity. Then, we’ll consider the size restrictions placed on S corporations, as well as the formation requirements for S corporations. Let’s get started.
I. S corps vs. C corps
First things first, all corporations are either S corporations (S corps) or C corporations (C corps)....