Hi There:
For most businesses the C Corp is currently rarely chosen because:
Disadvantages of a C Corporation
- Double taxation. It's inevitable as revenue is taxed at the company level and again as shareholder dividends.
- Expensive to start. There are a lot of fees that come with filing the Articles of Incorporation. ...
- Regulations and formalities. ...
- No deduction of corporate losses.
Here's good article from Money which compares and contrasts LLC V. Corps. See link below:
https://money.com/llc-versus-corporation/
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