Why would I choose a C-Corp over an S-Corp when starting a business? C-Corps get double taxation. Why aren't all corporations just S-Corps? Should a small business with less than 10 people involved choose S-Corp or C-Corp generally?
Why would I choose a C-Corp over an S-Corp when starting a business?
With C corp you pay taxes at corporate level, while at s-corp its at individual level. some people will choose to incorporate under c-corp based on what type of property they want to contribute in.
Tell you the truth, I dont recomend either a c or s corp. form a llc, with s corp status. with traditional corporation, you have to follow a lot of rules, and if not followed, your corporation can be 'pierced.
Reply:For a good comparison of the advantages and disdavantages of each : go to :
http://www.home-based-business-developme...
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