What is an S Corporation?

An S Corporation, or S Corp, is a special type of corporation that allows profits, and some losses, to be passed through directly to owners’ personal income without being subject to corporate tax rates. This makes it a popular choice for small businesses looking for tax efficiency while retaining the legal protections of a corporate entity.

Additionally, once the business has become profitable, an S Corporation can then shed the S election and return to being taxed as a C corporation. This gives owners flexibility in terms of exit strategies and tax planning. Our courses in S Corporation planning can help you understand the complexities.

S Corporation vs. LLC

One of the most common questions is: S Corporation vs. LLC—which one is better? The answer depends on your business goals. An LLC offers flexibility and fewer formalities, while an S Corporation may allow businesses to seek additional funding rounds without having to convert from an LLC to a corporation. Both structures provide liability protection but differ in taxation and administrative requirements.

How to Form an S Corporation

If you’re wondering how to form an S Corporation, or how to engage in S Corporation planning, we offer a S Corporation certificate. You can study at home and at your own pace. Your instructors are tax and business experts with years of experience dealing with tax and business planning.