09 May EXPLAIN WHY THE COMPANY WOULD CHOOSE THE S CORPORATION OVER THE C CORPORATION AND THE LLC.
Please explain why a business or company would start and S Corporation over an LLC or a C Corp. Please explain the formation of the S Corporation and how it runs. The Operation of how the S Corporation is run and how distributions would be taken out of the S Corporation. Explain why the company would choose the S Corporation over the C Corporation and the LLC. Also Explain why a company would want to switch from an S corporation to a C Corporation are there any incentives or tax advantages. Ideally it would be in a table format to be used for comparison purposes.
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