Are Startups S Corp or C Corp?

Difference in Tax Treatment The biggest difference between a C corp and S corp is how they are treated for tax purposes. S corporations are not taxed at the corporate level, allowing for avoidance of double taxation and tax savings. Ownership and Taxation C Corporations face double taxation and are separate entities, while S Corps … Read more

Do Plumbers Get Rich? Plumbing as a Career

Plumbing can be a lucrative profession, but it is also physically demanding. Charlie Mullins successfully built a £70 million company in this industry, highlighting the potential financial rewards of becoming a contractor and hiring a team. Earning Potential for Plumbers Plumbers’ earnings can vary widely: Entry-level plumbers: $15-20 per hour Experienced plumbers: $25-45 per hour … Read more