May I get some feedback ?

• How C Corporation may be different from S Corporation? Are there other types of corporations? How they are treated?

C corporations are considered standard corporations.

Some advantages with having a C Corporation are: limits the liability of its shareholders if adequately capitalized and proper corporate formalities are followed . Shareholders can easily trade publicly held shears . No shareholder level tax on undistributed income . Reduced rate of capital gains taxation on sale qualified small business stock Some Disadvantages with having a C-Corporation are: Double taxation Lack of rate differential for capital gains potential of Tax traps like personal holding company tax and accumulated earnings tax shareholder unease over gains triggered at corporate level when distributions of appreciated property occur S Corporations is a type of corporation that is largely known for permitting pass-through taxation. The shareholder if working for the company and if there is a profit must receive wages that meets standards of reasonable compensation. Some advantages with having a S- Corporation: avoid double taxation limits employment taxes to reasonable salaries drawn by owners owners limit personal liability Some disadvantages with S- Corporation are as follows: cant distribute profits unevenly as with LLCs fringe benefits limited for owners who own no more than 2% of shares number of shareholders limited to 100