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.
Related Ads. The default federal tax status for a single-member limited liability company (SMLLC) is disregarded entity. However, the owner of an SMLLC can elect to have the business taxed as either a traditional C corporation or as an S corporation. An S corporation is a special type of small, closely-held corporation.uy the book Â». An S corporation, like a typical LLC or sole proprietorship (but unlike a traditional corporation), is subject to pass-through taxation. In other words, the responsibility for paying income tax passes through the business to you personally.