C Corporation Guide: Taxes, Liability, and Section 1202 Explained by Katie St Ores CFP

Disclosure: This description contains affiliate links to products and services we recommend. If you use these links, we may earn a commission at no extra cost to you, which helps support this channel. In Episode 6 of the Small Business Blueprint, Katie St Ores, CFP®, EA, provides a comprehensive breakdown of the C Corporation business structure. While often associated with major public companies, the C Corp is a viable option for small business owners seeking specific tax advantages, outside investment, or long-term growth. This video covers the fundamental differences between C Corps and pass-through entities, the reality of double taxation, and how to leverage Section 1202 (Qualified Small Business Stock) to potentially exclude millions in capital gains. Resources & Tools: Bizee (LLC/Corp Formation): https://go.saintores.com/bizee Adobe (Editing Tools): https://go.saintores.com/adobe Subscribe: https://go.saintores.com/Sub Chapters 00:00 Introduction to the C Corporation 01:21 Liability Protection and Legal Entity Status 01:58 C Corp Taxation vs. Pass-Through Entities 02:41 Understanding Double Taxation 03:46 Using W-2 Payroll to Mitigate Taxes 04:58 Funding, Venture Capital, and Stock Shares 05:47 Tax-Deductible Fringe Benefits 06:16 Section 1202: Qualified Small Business Stock (QSBS) 07:21 Compliance Requirements and Corporate Formalities 08:22 Small Business Blueprint Recommendations #CCorp #SmallBusiness #TaxStrategy #Entrepreneurship #BusinessStructure #QSBS #KatieStOres #katie-st-ores Financial Disclaimer: Katie St Ores is a Certified Financial Planner™ (CFP®) and an Enrolled Agent (EA) licensed by the US Department of the Treasury. However, the content in this video and description is provided for general educational and informational purposes only and is not intended as a substitute for professional advice. This information should not be construed as personalized tax, legal, or financial advice. Every business and individual financial situation is unique. Always consult with a qualified professional regarding your specific tax or financial circumstances before making any decisions or taking action.