d3af2f1a__Comparison_of_Business_Entity__6
[0] S Corporation [1] Shareholders [2] 1 to 100 [3] No [4] Board of Directors [5] None [7] Initial filing – record meetings of directors & shareholders [8] Sale of stock & other permitted instruments [9] Passed thru & paid by the shareholders [10] Passed thru to the shareholders [11] Not usually but can deduct medical insurance and set up IRA or Keogh retirement plan [12] Owners who want limited liability and pass thru tax status with the formal structure of a corporation [6] 
By stock transfer (securities laws may limit)
Select a Business Entity, Comparison of Business Entity
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