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.
The Differences Between a C Corp & an S Corp. An S corporation is a distinctive type of corporate entity that provides special tax advantages to owners of the business. A C corporation, also referred to as a regular corporation, is automatically formed when a business decides to incorporate. S corporations must file paperwork with the Internal Revenue Service, which is not a requirement for C corporations.