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S Corporation FAQs
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S Corporations are for those who think big but want to keep things small. Pass-through taxation combined with the ability to structure compensation means you enjoy credibility and protections without being subject to the same tax rules as mega-corporations.
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S Corporation
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- Work with you to choose the right incorporation for your needs and settle any questions about C Corporations, S Corporations, and LLCs
- Lay out all the benefits and restrictions of ownership for you in greater detail
- Advise you on your state’s naming requirements and perform a name check to verify availability
- Meticulously file your Articles of Incorporation with the Secretary of State, monitor the process, and promptly deliver them upon approval
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CT’s Incorporation Experts Will:
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If you plan to limit ownership, S Corporations are ideal. The rules about governance and liability are well-established, and from a tax perspective, it’s a win-win: Profits and losses are “passed through” to owners, avoiding the “double taxation” of C Corporations at both the corporate and personal levels. To further reduce taxes, S Corporations can structure compensation in ways C Corporations and LLCs can’t.
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Prestige Plus Tax Savings