The quickest way to apply is through your TUportal account or through Templeâs online application or via the Common Application. Applying costs $55 unless you qualify for a fee waiver (freshmen only).
The Advantages of S Corp. An S corporation is a unique corporate entity created by the rules of the Internal Revenue Code. Operating as an S corporation gives owners of the company legal and taxation benefits.ince an S corporation has a life separate from the owners of the business, the death or retirement of a shareholder will not stop an S corporation from continuing its operations. Other business entities such as a sole proprietorship end automatically if a business owner dies or decides to retire.
The advantage for you lies in the fact that the S corporation can obtain coverage for a 2-person firm, which prevents you from having to obtain insurance as an individual. Premiums you pay as an individual are not tax-deductible unless your medical expenses exceed 7.5 percent of your adjusted gross income.t does not matter whether the insurance policy is in the S corporationâs name or not. This means you can deduct premiums for a group insurance policy even if your company has only 2 employees.