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How does an S-Corporation differ from the traditional C-Corporation?

April 26, 2017C-Corporation differ s-corporation traditional

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How does an S-Corporation differ from the traditional C-Corporation?

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The S-Corporation is similar in structure to a C-Corporation, yet it is not subject to the C-Corporation “double tax.” The profits of an S-Corporation will only be taxed at the individual level, whereas a C-Corporation is taxed at the corporate and individual level.