We often times get business owners that reach out to us that have multiple owners in their company, wondering what the best way is to structure their business. In this specific article we are assuming an S Corp structure is desired prior to it reaching the owners...
Most businesses do not have to pay income taxes on the corporate level. Instead the profits from their business flows through (or passes through) to the owners of the company where it is eventually taxed. Types of Pass Through Businesses Sole Proprietor Partnership...