Advantages of an S Corporation
Benefits of forming an S Corporation include:
- Less risk from government audits, compared to a sole proprietor
- Limited personal liability for business debts
- Deduct the cost of benefits as a business expense
- Can raise additional funds through the sale of stock
- Owners can report profit and loss on their individual tax returns
Form your S Corporation online or contact a Business Specialist at 800-818-6082 (toll-free) or 302-636-5440.
