S-Corp or C-Corp: Suggestions?
I'm in the process of setting up a mainstream company. I've been reading about the differences of an S-Corp and a C-Corp. There doesn't seem to be much of a difference other than the C-Corp can be willed to another person and passed-down. Whereas an S-Corp cannot. As well there seems to be some other technical aspects that I don't quite follow. The verbage about them is a little bit too "legalese".
What are the benefits that you know of for either one of them? I know about Nevada, Deleware and Oregon for your articles of incorperation, but what else? Is C-Corp a pain in the neck to manage?
Any assistance is appreciated.
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