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  2. LLC vs. Corporation - AOL

    www.aol.com/finance/llc-vs-corporation-203712316...

    Differences between LLCs and corporations. ... A limited liability company (LLC) is a business entity that helps to protect ... That means that the owners of a C corporation may deal with double ...

  3. C corporation - Wikipedia

    en.wikipedia.org/wiki/C_corporation

    A C corporation, under United States federal income tax law, is any corporation that is taxed separately from its owners. A C corporation is distinguished from an S corporation, which generally is not taxed separately. Many companies, including most major corporations, are treated as C corporations for U.S. federal income tax purposes.

  4. Limited liability company - Wikipedia

    en.wikipedia.org/wiki/Limited_liability_company

    The owners of the LLC, called members, are protected from some or all liability for acts and debts of the LLC, depending on state shield laws. In the United States, an S corporation is limited to 100 shareholders, [b] and all of them must be U.S. tax residents. [c] An LLC may have an unlimited number of members, and there is no citizenship ...

  5. S corporation - Wikipedia

    en.wikipedia.org/wiki/S_corporation

    For example, if an S corporation that was formerly a C corporation sells an appreciated asset (such as real estate) and the appreciation occurred during the time the corporation was a C corporation, the S corporation will probably pay C corporation taxes on the appreciation – even though the corporation is now an S corporation. This Built In ...

  6. Small business credit cards vs. corporate credit cards: What ...

    www.aol.com/finance/small-business-credit-cards...

    Most of the differences between small business and corporate credit cards stem from one key distinction: liability. With small-business credit cards, the debt liability falls on the business owner ...

  7. Professional corporation - Wikipedia

    en.wikipedia.org/wiki/Professional_corporation

    Such corporations must identify themselves as professional corporations by including "PC" or "P.C." after the firm's name. [1] Professional corporations may exist as part of a larger, more complicated, legal entity; for example, a law firm or medical practice might be organized as a partnership of several or many professional corporations.

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