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Can I form a board of directors for my S Corp the same as I could for my C Corp?
In this audio snippet, you'll hear about:
- Absolutely. The requirement for a board of directors is usually a state requirement, not federal
Audio Transcript
Travis:
Can I form a board of
directors for my S corp, the same as I could for my C corp?
Yosef:
Absolutely.
Travis:
Mm–hmm.
Yosef:
Because, again, the requirement for a board of directors is generally a state requirement, not a federal requirement.
Travis:
OK.
Yosef:
So whether it's an S or C corporation is generally not going to affect that status.
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