S corporations S corporations are corporations that elect to pass corporate income, losses, deductions, and credits through to their shareholders for federal tax purposes.

Apr 15, 2025 · What Is an S Corp? An S corp (or S corporation) is a business structure that is permitted under the tax code to pass its taxable income, credits, deductions, and losses …

An S corporation, or S-corp, is a special designation carved out of the U.S. tax code for small businesses. Benefits include pass-through tax status, but it offers limited growth potential.

6 days ago · Combining an LLC with an S Corp tax election is a savvy strategy for solopreneurs aiming to maximize tax savings while safeguarding personal assets. Once profits consistently …

Sep 8, 2023 · In principle, an S Corp – named after Subchapter S of the Internal Revenue Code (IRC) – is a business entity that elects to pass through taxable income, losses, deductions, …

Aug 1, 2025 · An S corp is a tax designation that allows a company's profits to pass through to the owners' personal tax returns. Both corporations and limited liability companies (LLCs) can …

An S corporation retains the liability protection and formal structure of a standard C corporation but is taxed more like a partnership or limited liability company (LLC), with profits and losses …

Jul 17, 2025 · An S corporation is a corporation that has elected to be taxed for federal income purposes under Subchapter S of the Internal Revenue Code instead of Subchapter C.

Sep 8, 2025 · What Is an S Corporation? An S Corporation is a Corporation (including Professional Corporations) or Limited Liability Company (LLC) that elects to have special tax …

Apr 4, 2025 · What is an S corporation? An S corporation, or S corp, is a type of business structure that combines elements of both a corporation and a partnership, allowing business …