Why choose a C-Corporation? RC Financial will help you understand the advantages why you have to choose a C Corporation.
C- Corporation typically provide a number of disadvantages:
- C Corporation have limited liability protection, owners are not responsible for business debts and liabilities
- It has unlimited number of shareholders
- Ownership is easily transferable through the share of stocks
- It has the lowest audit risk for your business
- Business expenses maybe tax-deductible
- A C-Corporation can offer self-employment tax savings, since owners who works within the business are considered as employees.