What Is the Difference Between S Corp and C Corp?

While an S corp passes corporate income, losses, deductions, and credits to its shareholders for federal tax purposes, a C corp is taxed separately from its owners.

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Brette Sember, J.D.

by Brette Sember, J.D.

Brette is a former attorney and has been a writer and editor for more than 25 years. She is the author of more than 4...

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Allison DeSantis, J.D.

Legally reviewed by Allison DeSantis, J.D.

Allison is the Director of Product Counsel at LegalZoom, advising and providing leadership to internal teams on the d...

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Updated on: August 28, 2024 · 21 min read


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This article is for informational purposes. This content is not legal advice, it is the expression of the author and has not been evaluated by LegalZoom for accuracy or changes in the law.

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