The chalcogens (/ËkÃ¦lkÉdÊÉªnz/) are the chemical elements in group 16 of the periodic table. This group is also known as the oxygen family. It consists of the elements oxygen (O), sulfur (S), selenium (Se), tellurium (Te), and the radioactive element polonium (Po). The chemically uncharacterized synthetic element livermorium (Lv) is predicted to be a chalcogen as well.
An S corporation, for United States federal income tax purposes, is a closely held corporation (or, in some cases, a limited liability company or a partnership) that makes a valid election to be taxed under Subchapter S of Chapter 1 of the Internal Revenue Code.
1 Another business type that is formed under state law and gives you personal liability protection is the LLC. 2  Tax-wise, an LLC is similar to an S corporation (or S corp), with business income and expenses reported on your personal tax return. 3  If you are the only owner of an LLC, you are viewed as a âdisregardedâ entity.o formalize your organization, first learn about and decide which business type is right for you: 1  C corporation. 2  S corporation. 3  Limited liability company (LLC).