THE ENTREPRENEURSHIP MEETING POINT

Doers Only Allowed. We Rehabilitate Procrastinators too.

11819 Members

594 Friendships

Guest

What is an S Corporation?

QsId

Asked by

Isaac Thuku

Category

Personal Question

Title

What is an S Corporation?

Tags

Stats

1 Response(s)

Back

Next Question

People You May Know

Member	Answer	Date
Tuwaze Mawazo	An S corporation does not pay income tax. The shareholders pay income tax based on their shareholding in the corporation. Simply put an S corporation is a pass through entity as far as federal income taxes are concerned.	2013-08-10