S corporation
noun
US law
: a small business corporation that is treated for federal tax purposes as a partnership
Because MDY is an S corporation, all net income is considered the owners' taxable income.—
Jill Andresky Fraser
Jill Andresky FraserExamples of S corporation in a Sentence
Recent Examples on the Web
Depending on ownership and elections, an LLC may be taxed as a sole proprietorship, partnership, S corporation, or C corporation.
—
Nancy Ashburn,
Encyclopedia Britannica,
23 June 2026
If the business is structured as an S corporation instead of a C corporation, the owner cannot access QSBS benefits, and this could cost them millions.
—
Matthew Chancey,
Forbes.com,
22 Apr. 2026
This year’s case challenged teams to provide recommendations on whether a fictional company should operate as an LLC taxed as a partnership or as an S corporation and compute tax implications under each structure.
—
Mike Danahey,
Chicago Tribune,
26 Feb. 2026
Quarterly payments are due for individuals, sole proprietors, partners and S corporation shareholders who expect to owe at least $1,000 for the current tax year, according to the IRS.
—
Kate Dore, Cfp®, Ea,
CNBC,
15 Jan. 2026
This means founders must carefully weigh the trade-offs between forming a C corporation and opting for a pass-through entity such as an LLC or S corporation.
—
Robert W. Dietz,
Fortune,
20 Nov. 2025
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Nancy Ashburn,
Encyclopedia Britannica,
23 June 2026
If the business is structured as an S corporation instead of a C corporation, the owner cannot access QSBS benefits, and this could cost them millions.
—
Matthew Chancey,
Forbes.com,
22 Apr. 2026
This year’s case challenged teams to provide recommendations on whether a fictional company should operate as an LLC taxed as a partnership or as an S corporation and compute tax implications under each structure.
—
Mike Danahey,
Chicago Tribune,
26 Feb. 2026
Quarterly payments are due for individuals, sole proprietors, partners and S corporation shareholders who expect to owe at least $1,000 for the current tax year, according to the IRS.
—
Kate Dore, Cfp®, Ea,
CNBC,
15 Jan. 2026
This means founders must carefully weigh the trade-offs between forming a C corporation and opting for a pass-through entity such as an LLC or S corporation.
—
Robert W. Dietz,
Fortune,
20 Nov. 2025
Cite this Entry
“S corporation.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/S%20corporation. Accessed 5 Jul. 2026.
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