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.
Also, you should be aware that S-corporations are significantly more complicated from a tax and legal standpoint than LLCs. So if you form an S-corp, know that youâre going to be spending a great many more billable hours with your accountant/attorney. C-Corporation. Unlike most other business structures, C-corporations are taxable entities.