The quickest way to apply is through your TUportal account or through Templeâs online application or via the Common Application. Applying costs $55 unless you qualify for a fee waiver (freshmen only).
The Advantages of S Corp. An S corporation is a unique corporate entity created by the rules of the Internal Revenue Code. Operating as an S corporation gives owners of the company legal and taxation benefits.ince an S corporation has a life separate from the owners of the business, the death or retirement of a shareholder will not stop an S corporation from continuing its operations. Other business entities such as a sole proprietorship end automatically if a business owner dies or decides to retire.
LLC Advantages Disadvantages. A limited liability company (LLC) has many advantages as a form of business entity: S Corporation: To qualify, generally, the corporation must have a maximum of 75 shareholders who are individuals.n LLC is not a separate tax entity like a corporation; it is what the IRS calls a pass through entity, like a partnership or sole proprietorship. All of the profits and losses of the LLC pass through the business to the LLC owners, who report this information on their personal tax returns.