S-Corp or C-Corp?

BusinessWeek recently posted  an interesting article by Karen E Klein on taxes and the differences of a S-Corp and a C-Corp.

The debate on proposed tax rate increases for the country’s wealthiest people has just begun, and the potential increases would not happen until 2011. Still, tax experts say it is not too early for small business owners to think about defensive strategies.

Check out the full article here: http://www.businessweek.com/smallbiz/content/may2009/sb20090526_852665.htm