4 ms·
A Professional Corporation is different from an S-Corporation. The S-Corporation is an IRS classification of a regular corporation, while Professional Corporat
by joshuaheard 14y ago
A Professional Corporation is different from an S-Corporation. The S-Corporation is an IRS classification of a regular corporation, while Professional Corporations are a different type of corporation created at the state level. Professional Corporation owners are limited to the profession it is aimed at. So they must be, for example, all lawyers or all doctors. They are generally used for professions that require a state license.