C Corporation vs S Corporation (S Corp vs C Corp)

C Corporation vs S Corporation? Both C corporations and S corporations are legal entities that exist separately from their owners. They are sometimes called for-profit or business corporations. A C corporation is simply a standard business corporation.  The reason it’s named “C Corporation” is because it is taxed under subsection “C” of the IRS code. ….

C Corporation vs S Corporation (S Corp vs C Corp)