An S corporation (S corp) is a tax designation not a formal business structure. Business owners that are looking to withdraw money from their company for their personal use may benefit from electing S ...

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Now that we’ve discussed the benefits of taking distributions from your S corp, here are two examples of what that might look like in a real world scenario. Example 1: Let’s say you’re a member of a ...

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For example, your S corp can never have more than 100 shareholders. In addition, your shareholders are limited to one class of stock. You must also follow a calendar year tax schedule. Finally ...

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We’ll also provide some examples to help you decide which structure is right ... but there are some restrictions C corp can have an unlimited number of shareholders. S corp can have no more than 100 ...