Entries tagged “c-corporation”
What is an S-Corporartion?
insights
Michael Moradzadeh
·
August 19, 2009
S-Corporations are corporations that elect to be treated as pass-through entities by the IRS. In order to qualify for S-Corporation status a corporation needs to satisfy several conditions, including the following: 1) all shareholders must be residents of the United States; 2) the corporation may only have one class of shareholders and may not have more than…