A corporation is an entity that is owned by its shareholders (owners). Corporations can be taxed 2 different ways.
- C corporation
- Generally taxed on their income and the owners are taxed on these earnings when distributed as payments or when the shareholder sells stock
- S corporation
- Generally taxed on their income and shareholders are taxed on their share of the S corporation’s taxable income whether payments are distributed or not
CA FRANCHISE TAX
$399.00Price