S-corporations, some­time when you were set­ting up your busi­ness, you chose, or some­one advised you to choose S-corporation as your busi­ness form.  One advan­tage is they avoid the “dou­ble tax­a­tion” of the C-corporation; the gov­ern­ment does not usu­ally tax S-corporations. The S-corporation passes income through to you, a shareholder, and you pay the taxes [...] Read more »