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- Corporation - Wikipedia
A corporation or body corporate is an individual or a group of people, such as an association or company, that has been authorized by the state to act as a single entity (a legal entity recognized by private and public law as "born out of statute"; a legal person in a legal context)
- Corporation: What It Is and How to Form One - Investopedia
A corporation is a legal business entity that is considered distinct from its owners and has many of the same rights and responsibilities as an individual
- Forming a corporation - Internal Revenue Service
A corporation generally takes the same deductions as a sole proprietorship to figure its taxable income A corporation can also take special deductions For federal income tax purposes, a C corporation is recognized as a separate taxpaying entity A corporation conducts business, realizes net income or loss, pays taxes and distributes profits
- How To Start A Corporation In 9 Steps – Forbes Advisor
A C corporation (C-corp): A C-corp is a traditional corporation that pays corporate income tax Large, publicly traded companies are usually structured as C-corps A C-corp may be a good choice if
- How to Form a Corporation in 11 Steps - LegalZoom
A professional corporation, or PC, is a type of corporation that provides services by licensed professionals, such as accountants, architects, attorneys, engineers, and physicians A professional corporation is also known as a professional service corporation (PSC) or professional association (PA) Q: I am a sole proprietorship
- What is a Corporation? - Various Types and Reasons to Incorporate
A corporation is a legal entity created by individuals, stockholders, or shareholders, with the purpose of operating for profit Corporations are allowed to enter into contracts, sue and be sued, own assets, remit federal and state taxes, and borrow money from financial institutions
- Corporation | Definition, History, Facts | Britannica Money
corporation, specific legal form of organization of persons and material resources, chartered by the state, for the purpose of conducting business As contrasted with the other two major forms of business ownership, the sole proprietorship and the partnership, the corporation is distinguished by a number of characteristics that make it a more-flexible instrument for large-scale economic
- Corporation Basics | What Is a Corporation? - Nolo
A corporation is a distinct legal business entity, meaning the business owns property, pays taxes, and enters into contracts separate from its owners The ownership and management structure of a corporation is different from other business entities The owners of a corporation are shareholders (also known as stockholders) who obtain interest in
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