{"id":1394,"date":"2020-07-09T12:00:29","date_gmt":"2020-07-09T18:00:29","guid":{"rendered":"https:\/\/rightrisk.org\/news\/?p=1394"},"modified":"2020-07-07T13:02:04","modified_gmt":"2020-07-07T19:02:04","slug":"s-corporation","status":"publish","type":"post","link":"https:\/\/rightrisk.org\/news\/2020\/07\/09\/s-corporation\/","title":{"rendered":"S Corporation"},"content":{"rendered":"<div id=\"attachment_001\" class=\"wp-caption alignleft\" style=\"width: 350px\"><a href=\"https:\/\/www.uwagec.org\/rightrisk\/news\/wp-content\/uploads\/2020\/07\/2020_07_09_RRPost.pdf\" rel=\"noopener noreferrer\" target=\"_blank\"><img decoding=\"async\" class=\"size-full wp-image-001\" title=\"RightRisk Post\" src=\"https:\/\/www.uwagec.org\/rightrisk\/news\/wp-content\/uploads\/2020\/07\/2020_07_09_RRPost_fb.png\" alt=\"Graphic of RightRisk Media Post\" width=\"388\" height=\"388\"><\/a><\/div>\n<p>&nbsp;<br \/>\n<strong>S Corporations <\/strong>are an otherwise ordinary corporation which is eligible for and has elected to be taxed under subchapter S of the Internal Revenue Code. It is formed by filing articles of incorporation with the appropriate state officials. The benefit of electing subchapter S status is that there is no entity level tax. Items of income and loss flow through to the shareholders and are taxed only at the shareholder level. A disadvantage of subchapter S status is less flexibility than C corporations. <\/p>\n<p>Learn more via the recently completed 4-page, 4-color RISK CONCEPTS series, covering seven common forms of  business ownership, including the S Corporation.<\/p>\n<p>Several RISK CONCEPTS bulletins covering alternative forms of business structure were recently posted and are available for download at: <a href=\"https:\/\/RightRisk.org\/riskconcepts\" rel=\"noopener noreferrer\" target=\"_blank\">RightRisk.org\/riskconcepts<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; S Corporations are an otherwise ordinary corporation which is eligible for and has elected to be taxed under subchapter S of the Internal Revenue Code. It is formed by filing articles of incorporation with the appropriate state officials. The &hellip; <a href=\"https:\/\/rightrisk.org\/news\/2020\/07\/09\/s-corporation\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":6550,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-1394","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-rightrisk-post"],"_links":{"self":[{"href":"https:\/\/rightrisk.org\/news\/wp-json\/wp\/v2\/posts\/1394","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rightrisk.org\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rightrisk.org\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rightrisk.org\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/rightrisk.org\/news\/wp-json\/wp\/v2\/comments?post=1394"}],"version-history":[{"count":4,"href":"https:\/\/rightrisk.org\/news\/wp-json\/wp\/v2\/posts\/1394\/revisions"}],"predecessor-version":[{"id":1398,"href":"https:\/\/rightrisk.org\/news\/wp-json\/wp\/v2\/posts\/1394\/revisions\/1398"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rightrisk.org\/news\/wp-json\/wp\/v2\/media\/6550"}],"wp:attachment":[{"href":"https:\/\/rightrisk.org\/news\/wp-json\/wp\/v2\/media?parent=1394"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rightrisk.org\/news\/wp-json\/wp\/v2\/categories?post=1394"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rightrisk.org\/news\/wp-json\/wp\/v2\/tags?post=1394"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}