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An S corp has a different management structure than a C corp. While a C corp has a board of directors that shareholders appoint to manage the operation, an S corp is managed by its shareholders ...
6mon
Under30CEO on MSNS Corp vs. C Corp Showdown: Which Makes More Money?When you’re starting a business, picking the right corporation type can feel like a big decision. It’s not just about the name; it’s about how you’ll handle taxes, raise money, and grow your company.
C-corps are notorious for being subject to “double taxation,” meaning a corporation pays a corporation tax on its profits to the IRS (the rate is 21% as of 2023) and any dividends paid to ...
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