Is A Corporation Necessary (or) Is An Operating Trust Better Than A C-Corp

Is A Corporation Necessary (or) Is An Operating Trust Better Than A C-Corp

A C-Corp is not necessary, but serves in lieu of an Operating Trust. A C-Corp is highly recommended for students with a business that earns $100,000+ a year. The upsides to a C-Corp is the ability to have a CPA file any taxes that may occur for a much lower rate than a trust tax filing. Additionally C-Corps are more easily recognized and easily accepted by many organizations when obtaining corporate credit, bank accounts or dealing in business affairs.