The difference between a C and an S corporation is not structural. It is in terms of how each corporation is taxed. By making the S election, the small business election, the corporation is allowing it to become a pass through tax entity for tax purposes and avoids the double taxation of the C corporation income being taxed and then taxed again when it is distributed to the shareholders.
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3812 Skyline Blvd., Unit B, Cape Coral, FL 33914