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.
Notably, if the LLC elects to be taxed as an S corporation, these advantages do not exist. On the other hand, S corporation election can provide advantages from an employment perspective. In short, shareholders who are also employees can have their compensation divided between salary and distributions.otably, if the LLC elects to be taxed as an S corporation, these advantages do not exist. On the other hand, S corporation election can provide advantages from an employment perspective. In short, shareholders who are also employees can have their compensation divided between salary and distributions.