When forming a business, one of the most important decisions you have to make – particularly from a tax perspective – is how you’ll classify your company.For the smallest operations, this might be a sole proprietorship, but more often the choice is between forming an LLC and a C Corp, each of which has its own filing norms, tax rules, and regulations. But what about S Corp status? You won’t see this option when forming your business, and that’s because S Corp is a tax filing status, not a type of organization.For a comprehensive understanding of S-Corp taxes, please follow the link to our blog post on the subject.