Time to consider C corporations? Traditionally, the choices of a form of doing business were partnerships, LLC's, C corporations, and S corporations, but the downside of traditional corporations, also called C corporations, was said to be the problem of double taxation. The income is taxed once at the corporate level, and then when any of it is paid out as dividends, it is taxed a second time at the shareholder level. This made C corporations not a real popular choice compared to S corporations, partnerships or LLCs. But in recent years the tax law changed. The top rate on C corporations dropped from a 35% to 39% range, down to only 21%, a huge drop. For a number of years now, dividends to individuals are taxed at a low tax rate, 20% or less, the same as the tax rate for long-term capital gains, and significantly lower than the tax on wages, interest and other types of income. Is it time for business people to take a second look at maybe using a C corporation? The double taxation has very little effect. What is your opinion of using a C Corporation, as opposed to a partnership, LLC, or S corporation? What advantages are there to using a C Corporation, over one of these other entities?