C CORP TAXES
The C corporation (C corp) is one of the most well known business structures out there. It's limited liability features and the relative ease of transferring ownership make it a desireable entity type for many businesses. However, because C corps are subject to double taxation, often times an LLC or S corp, which passes profits and losses directly through owners, can be a better choice for the solo entrepreneur. Before you choose to start your business as a C corp make sure you understand the tax and administrative implications of doing so you can be sure it aligns well with your goals.