IV, Â§ 1. Laws in all states require a common-law spouse to obtain a Divorce before remarrying. Common-law marriage is allowed in fourteen jurisdictions: Alabama, Colorado, Georgia, Idaho, Iowa, Kansas, Montana, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, Texas, and the District of Columbia. The manner in which a state authorizes common-law marriage varies.
A big difference between an S corporation and a C corporation is the way that each entity gets taxed. S corporations are treated as pass-through entities, where taxation passes through to the company's owners, who report their share of profits and losses directly on their personal income tax return.
In determining whether to elect S-Corp status, these advantages and disadvantages must be carefully analyzed and weighed based on a company's specific situation. Unless an S-Corp election is made when a business incorporates a cooperation is automatically a regular corporation (C Corp.).In order to elect treatment as an S-Corp., there are certain eligibility requirements which much be met. (Please refer to table on page 3 for requirements).nless an S-Corp election is made when a business incorporates a cooperation is automatically a regular corporation (C Corp.). In order to elect treatment as an S-Corp., there are certain eligibility requirements which much be met. (Please refer to table on page 3 for requirements).