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welcome back to my channel thank you for being here today weamp;#39;re going to talk about as Corporation taxes I have seen this question frequently in the comments to my videos so I thought it would take some time to upload a quick video to hopefully help you out if you havenamp;#39;t already subscribe to my channel by the way please take a moment to subscribe now and make sure that you ring the bell to turn on video notifications an S corporation is technically a hybrid business structure that has characteristics of both a corporation and a partnership technically it operates as a corporation but unlike a true C corporation it is not subject to double taxation since it is the shareholders and not the corporation itself who pay federal income tax on the business profits this is why you sometimes hear people say that this is a flow through or a pass-through entity even though its taxes flow through to its owners and as Corporation must still file an annual corporate tax return if you