An S corporation is a formal business structure that company owners can set up under Subchapter S of the Internal Revenue Code. This type of business allows owners to take advantage of some benefits of a limited liabilit... More » Business & Finance Corporations

Creating a corporation requires creating a corporation name and registering that name with a state government. Most state governments require filing a form called articles of incorporation and other business permits and ... More » Business & Finance Business Resources Managing a Business

A corporation license is essentially a business license for an incorporated business, allowing the business to act as a business entity, such as an LLC or full corporation. This license provides some legal protections to... More » Business & Finance Business Resources Managing a Business

Exchanges under Internal Revenue Code Section 1031, also known as like-kind exchanges, must involve business or investment property to qualify for a tax deferment, reports the IRS. Like-kind exchanges of unequal value ma... More » Business & Finance Taxes

Section 1250 of the Internal Revenue Code governs the treatment of income gained from selling business property that has depreciated, according to Investopedia. Gains on the sale of such property are treated as ordinary ... More » Government & Politics Law

An S corporation is an entity separate from the individuals who own the corporation, while an LLC is an entity where the losses and profits are passed through the business to the owners, according to the U.S. Small Busin... More » Business & Finance Business Resources Accounting

A domestic corporation is a corporate business that operates in its home country, as opposed to a global or foreign corporation, which operates in multiple countries. In the United States, a typical domestic corporation ... More »