- Taxation. Taxation is often considered the most significant difference for small business owners when evaluating S corporations vs. C corporations.
- C corporations. C corps are separately taxable entities. They file a corporate tax return (Form 1120) and pay taxes at the corporate level. They also face the possibility of double taxation if corporate income is distributed to business owners as dividends, which are considered personal income. Tax on corporate income is paid first at the corporate level and again at the individual level on dividends. And must have at least one employee on payroll
- S corporations. S corps are pass-through tax entities. They file an informational federal return (Form 1120S), but no income tax is paid at the corporate level. The profits/losses of the business are instead “passed-through” the business and reported on the owners’ personal tax returns. Any tax due is paid at the individual level by the owners.
- Personal Income Taxes. With both types of corporations, personal income tax is due both on any salary drawn from the corporation and from any dividends received from the corporation.
» Limited Partnerships (LP)
» Limited Liability Partnerships (LLP)
» Professional Corporations (PC) and Professional LLCs (PLLC)
» Delaware Statutory Trusts
» Sole Proprietorships
Foreign Qualifications
» Amendments
» DBAs
» Mergers/Conversions
» State Periodic Reports (Initial/Annual/Biennial)
» Reinstatements/Revivals
» Dissolutions/Withdrawals
» National Registered Agent Services
» Independent Director/ Manager Services
» Delaware Trustee Services
» Legal Notice Publications
» Corporate Binders and Seals
» Minutes, Bylaws and Resolutions
» IRS Tax Identification Numbers (EIN)
» Non-Profit formations
» Tax Exempt Applications (501c3)
» State Franchise Tax Exemptions
» Sales Tax Exemptions
» Charitable Solicitation Registrations
» Board minutes and Resolutions
» Fundraising Licenses
» UCC Searches & Filings
» Lien Searches (Tax, Judgment, Mechanics)
» Litigation/ Judgment Searches
» Bankruptcy Searches
» Apostilles & Legalizations
» Good Standing Certificates
» Corporate Charters (certified or plain copy)
» USTPO Database Searches
» Statements of Use Filings
» Amendment to Allege Use Filings
» Federal Trademark Applications
» Trademark Assignment Filings
» Investment Advisor Services
» Private/Public Offerings
» Initial/Renewable Filings and Maintenance
» Form ADV Amendments (Including new Part 11)
» Rule 504, Rule 505, Rule 506 Offerings
» State Exemption Analysis
Assisting with corporate compliance for over a decade, we provides a reliable and cost effective alternative service to Professionals and Attorneys nationwide. We offer a full range of quality service solutions to our clients, handling all matters professionally and efficiently. While our experience and knowledge of nationwide corporate state filings allows us to handle large projects and requests of any size, we pride ourselves on offering personalized services with individualized guidance. We aim to satisfy professionals, law firms, entrepreneurs and individuals who are looking for economical outsourcing combined with a unique corporate filing experience that provides quick turn-around time and accurate results. Experience our solution for your practice today!
For additional information feel free to call xxx-xxx-xxxx or email out customer service xxx@xxxx.com you will get a respond within one business day.