The only difference between an S corporation and any other corporation is in tax treatment.

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An S corporation is a type of corporation that is taxed differently than a traditional corporation, also known as a C corporation. The main difference is that S corporations pass their profits, losses, deductions, and credits through to their shareholders, who report this information on their individual tax returns. In contrast, C corporations pay corporate taxes on their profits, and shareholders also pay taxes on any dividends received.

The Only Difference Between an S Corporation and Any Other