When you’re setting up a business, choosing the right corporation type can feel like a big deal. It’s not just about the name ...

M.C. Gill Corporation, founded by CEO Stephen Gill's father in California after World War II, develops and manufactures products for the commercial aircraft and aerospace industries.

In addition, S corporations cannot be owned by C corporations, other S corporations, many trusts, LLCs or partnerships. LLCs are not subject to these restrictions. LLCs are also more flexible in ...

When you’re starting a business, picking the right corporation type can feel like ... Two popular choices are S Corps and C Corps, each with their own perks and challenges.