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.
Letâs first understand what a C Corp is. A C Corp is a general corporation. At its core, it is what you have when you form a corporation. Thus, when you file Articles of Incorporation at the state level, your business will be a C Corp. With this type of corporation, your business becomes a separate taxable entity.