In our final edition of the Small Business Series we are discussing C-Corporations (C-Corp). In Oklahoma, you form an S-Corporation and a C-Corporation the exact same way. It isn’t until after you’ve already formed your company that you have to decide if you want to be categorized as an S-Corp or a C-Corp. The main different between a C-Corp and other business…
S-Corporations (S-Corp)
In this week’s edition of the Small Business Series we are discussing S-Corporations (S-Corp). You may be asking yourself, “What in the world is an S-Corporation?” In a nutshell, an S-Corporation is a corporation with 75 or fewer shareholders, that has elected and qualified for a special tax status with the IRS. To set up an S-Corp you do all…