Corporation Income Tax

The IRS views a C-corporation as its own legal entity, therefore, subject to income taxes. When the corporation earns income, it must pay a portion of its income for taxes. Afterwards, the corporation may distribute the remaining amount to its owners as dividends. These dividends are taxed again at the individual level.

On the other hand, S-corporation's income are not taxed and flows through to the individual to be taxed as dividends. For this reason, S-corporations are referred to as "flow-through" entities. Our team of tax experts consist of highly qualifed and licensed tax preparers who will prepare and review both C and S-corporations' income tax returns.