Protein is an essential nutrient used to build and maintain lean body mass, maintain current muscle mass and to provide fuel for our bodies. Dietary protein can come from many sources, including red meat, chicken, fish, nuts and vegetables including beans. Other sources of protein can include cheese, milk and yogurt.
S Corporations have the same basic advantages and disadvantages of general or close corporation with the added benefit of the S Corporation special tax provisions. When a standard corporation (general, close or professional) makes a profit, it pays a federal corporate income tax on the profit.
An S corporation is the most popular type of corporation for freelancers and entrepreneurs. The S just stands for the Subchapter of Chapter 1 of the Internal Revenue Code that describes their structure. The S corporation is a business entity that is legally separate from its owners.