what is the difference between a c-corp and a s-corp?
What is the difference between an LLC, a C corporation, and an S corporation? S Corporations. The main difference between a C corporation and an S corporation is the taxation structure. S corporations only pay one level of taxation: at the shareholder level. To choose S corporation status, a tax lawyer or accountant may assist with filing IRS Form 2553 and ensuring all S corporation guidelines are met.