Kresge Building (Augusta, Maine) a multicolor crosshatch brick pattern extends across the building above the second floor. The block was built in 1932, replacing an Italianate building that was a virtual replica of its neighbors. It originally housed S.S. Kresge's, a department store, on the ground floor, with professional offices on the second floor. Since its construction, it has been one of downtown Augusta's most architecturally unusual buildings. Kresge Building (Augusta, Maine) The Kresge Block is a historic commercial building at 241-249 Water Street in downtown Augusta, Maine. Built in 1932 to house a department store, it is a distinctive and rare local example
C corporation C corporation A C corporation, under United States federal income tax law, refers to any corporation that is taxed separately from its owners. A C corporation is distinguished from an S corporation, which generally is not taxed separately. Most major companies (and many smaller companies) are treated as C corporations for U.S. federal income tax purposes. C corporations and S corporations both enjoy limited liability, but only C corporations are subject to corporate income taxation. Generally, all for-profit corporations are automatically classified as a C corporation "unless" the corporation elects the option to treat the corporation as a flow-through entity