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Corporation - Wikipedia A corporation or body corporate is an individual or a group of people, such as an association or company, that has been authorized by the state to act as a single entity (a legal entity recognized by private and public law as "born out of statute"; a legal person in a legal context) and recognized as such in law for certain purposes [1]: 10 Early incorporated entities were established by
What Does LLC, Inc, Co, Corp, and Ltd Mean? - IncNow “Inc ” and “Corp ” are both corporate endings and mean the same thing A corporation can choose to include either “Inc ” or “Corp ” at the end of its name to comply with state laws
Forming a corporation - Internal Revenue Service In forming a corporation, prospective shareholders exchange money, property, or both, for the corporation's capital stock A corporation generally takes the same deductions as a sole proprietorship to figure its taxable income A corporation can also take special deductions For federal income tax purposes, a C corporation is recognized as a separate taxpaying entity A corporation conducts
Corporation (C corp) | What Is a C Corporation? Definition, Benefits . . . A corporation is a legal form of business organization, chartered by a state, that exists as a separate entity from its owners In the United States, the default corporate form is the C corporation (C corp), named for the subchapter of the Internal Revenue Code that governs its taxation
Corp. vs. Corps: Whats the Difference? - Grammarly Corp and corps are distinct in both meaning and use Corp is an abbreviation for 'corporation', indicating a legally incorporated business In contrast, corps refers to a military unit or group organized for a collective purpose
What is an S Corp, C Corp LLC? Which one is best for you? There is nothing inherently “better” about a C corp, S corp, or LLC—these designations simply describe how a company is taxed and which rules it must obey in order to stay compliant with the Internal Revenue Service (IRS)
Corrections Officer Retirement Plan CORP Local Board employees are available to answer questions and assist with disability retirement inquiries The best way to contact us is via email: corp@courts az gov