An S-Corp has stockholders and employees and is treated as a corporation, with all the rights, obligations and limitations that may entail.
The major difference an S-Corp has compared to a C-Corp, is that the earnings (or losses) flow directly to the shareholders. There is no corporate tax.
An S-Corp does not have owners.
An S-Corp has stockholders and employees and is treated as a corporation, with all the rights, obligations and limitations that may entail.
The major difference an S-Corp has compared to a C-Corp, is that the earnings (or losses) flow directly to the shareholders. There is no corporate tax.
To answer your question... NO.