Apr 15, 2025 · 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 directly to its shareholders.

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

An S corporation (or S Corp), for United States federal income tax, is a closely held corporation (or, in some cases, a limited liability company (LLC) or a partnership) that makes a valid election to be …

Nov 17, 2024 · While a corporation is a type of business entity, an S-corp is a tax designation available to certain corporations and LLCs. S-corps are named from the subchapter of the Internal Revenue...

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 passing …

What is an S Corporation? An S corporation is a special type of corporation that elects to pass corporate income, losses, deductions, and credits through to its shareholders for federal tax purposes.

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 income and...

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 choose to …

Oct 30, 2025 · An S-corporation (S-corp) is a special tax election for corporations and limited liability companies (LLCs). S corporation status allows the owners to avoid double taxation by having the …

Apr 14, 2025 · An S corporation business is a corporation that meets specific IRS requirements to be taxed under Subchapter S, allowing profits and losses to pass through to shareholders' personal tax …