Protein is an essential nutrient used to build and maintain lean body mass, maintain current muscle mass and to provide fuel for our bodies. Dietary protein can come from many sources, including red meat, chicken, fish, nuts and vegetables including beans. Other sources of protein can include cheese, milk and yogurt.
S Corporations have the same basic advantages and disadvantages of general or close corporation with the added benefit of the S Corporation special tax provisions. When a standard corporation (general, close or professional) makes a profit, it pays a federal corporate income tax on the profit.
However, there are two types of for-profit corporations for federal tax law purposes: 1  C corporations: What we normally consider regular corporations that are subject to the corporate income tax. 2  S corporations: Corporations that have filed a special election with the IRS. 3  They are not subject to corporate income tax.