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.
A C corporation is a business term that is used to distinguish this type of entity from others, as its profits are taxed separately from its owners under subchapter C of the Internal Revenue Code.In an S corporation, the profits are passed on to the shareholders, and are taxed based on personal returns. A C corporation can be used to split the corporate profit amongst the owners and the corporation. 2  This can result in overall tax savings. 3  The tax rate for a corporation is usually less than that for an individual, especially for the first $50,000 of taxable income.