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Sc Corporation  Form

Sc Corporation Form

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[Music] foreign this week on the business owner's Corner I'd  like to explain some of the basic tax benefits   of having an S corporation you may have heard  that an S corporation is a pass-through entity   or that it's kind of a hybrid entity that  has characteristics of Corporations and   Partnerships and that it's a very convenient  blend of the two all those things are accurate   s-corporations are corporations themselves that  have some of the legal benefits of incorporating   on a state to state and National basis but from  a tax perspective they're a little bit different   the most common type of Corporation in big big  companies I should say are C corporations and if   you think of it this way it makes it a lot easier  a C corporation has revenue from selling goods and   services that comes in at the top of its income  statement then it has a whole bunch of expenses   and then it has profit left over on its prof

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