Understanding C Corps

Choosing the right entity for your business is one of the most important decisions a business owner makes. In this edition, we focus on corporations. Should you establish your business as a corporation? And if you do, is it better for your business to be taxed as a C Corporation or an S Corporation? CT Corporation Publications Attorney Sandra Feldman explains what characteristics you need to qualify as a corporation and walks us through the tax advantages and disadvantages of filing as a C Corp or an S Corp.