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What Are the Advantages & Disadvantages of a Subchapter S Corporation?

April 26, 2017advantages corporation disadvantages s Subchapter

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What Are the Advantages & Disadvantages of a Subchapter S Corporation?

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A subchapter S corporation is created when a regular corporation files paperwork with the Internal Revenue Service. Operating as an S corporation will have significant legal and tax ramifications on business owners of the company. One of the advantages of operating as an S corporation is that the company will have a separate existence that can exceed the life of the S corporation’s initial shareholders.