S corporation - Wikipedia
An S corporation (or S Corp), for United States federal income tax, is a closely held corporation (or, in some cases, a limited liability company (LLC) or a partnership) that makes a valid election to be taxed under Subchapter S of Chapter 1 of the Internal Revenue Code. [1] In general, S corporations do not pay any income taxes.
What Is An S Corp? – Forbes Advisor
2024年11月17日 · While a corporation is a type of business entity, an S-corp is a tax designation available to certain corporations and LLCs. S-corps are named from the subchapter of the Internal Revenue...
What Is an S Corp? Definition, Taxes, and How to File - Investopedia
2024年6月19日 · An S corp (or S corporation) is a business structure that is permitted under the tax code to pass its taxable income, credits, deductions, and losses directly to its shareholders. That...
S corporations - Internal Revenue Service
S corporations are corporations that elect to pass corporate income, losses, deductions, and credits through to their shareholders for federal tax purposes. Shareholders of S corporations report the flow-through of income and losses on their personal tax returns and are assessed tax at their individual income tax rates.
Starting An S-Corp: Everything You Need To Know - Forbes
2024年8月23日 · An S-corp, or S-corporation, is a tax status allowing business owners a flexible way to start small and grow. Our guide will help you get started.
What is an S Corp, C Corp & LLC? Which one is best for you?
2023年9月8日 · In principle, an S Corp – named after Subchapter S of the Internal Revenue Code (IRC) – is a business entity that elects to pass through taxable income, losses, deductions, and credits to company shareholders. They are popular largely because organizing as an S corp appeals to small businesses and sole proprietors, offers enticing tax ...
LLC vs. S Corp: What's the Difference? - Investopedia
2024年10月3日 · While LLCs and S corporations are two terms often discussed side by side, they refer to different aspects of a business. An LLC is a type of business entity, while an S corporation is a tax...
Guide to Start an S Corp Election - ZenBusiness
2024年10月9日 · S corporation, commonly referred to as S corp, refers to a tax status available to qualifying LLCs and corporations. It can have substantial tax benefits, depending on a variety of factors. First, you should understand that an S corporation is not a business structure like a sole proprietorship or a separate legal entity like a corporation or LLC.
S-Corp vs. C-Corp: How They Differ (and How to Choose)
2022年9月7日 · Generally, taxes are the biggest and most important difference between S-corps and C-corps. C-corps are subject to corporate tax rates; S-corps allow for pass-through taxation, meaning owners...
List of largest companies in the United States by revenue
This list comprises the largest companies currently in the United States by revenue as of 2024, according to the Fortune 500 tally of companies and Forbes. The Fortune 500 list of companies includes only publicly traded companies, also including tax inversion companies.