C Corporation Vs S Corporation – Paul Gaulkin CPA

Many people wonder the differences between a C corporation and S corporation when they choose to incorporate their business. Below we will discuss these differences in detail in an easy to understand format. C Corporation A C corporation is generally considered the standard corporation; however, it is normally used by big businesses. By comparison, business entities like sole proprietors, S corporations, and limited liability companies are designed for freelancers and small businesses, as well as businesses not looking to raise … Read more