C Corporation

C Corporation -  a C corporation is a company legally viewed as a separate entity from its owners..  A company becomes a C cooperation as soon as it files as a corporation .  By becoming a C corporation, investors and owners are safe from lawsuits , except  for their interest in the company.  There personal assets are not on the line, just  their extent of ownership of the company.  The downside of a C corporations is because it’s listed a separate entity, the owner is subject to double taxation, One personally, and one for the C corp.