What is the difference between a C corporation and an S corporation?
A) A C corporation is for large businesses and an S corporation is not.
B) A C corporation must register with the Internal Revenue Service and an S corporation is not required to.
C) A C corporation must file disclosures with the SEC and an S corporation is not required to.
D) An S corporation must file disclosures with the SEC and a C corporation is not required to.
E) A C corporation is taxed separately from its owners and an S corporation is not.
Correct Answer:
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