Site: nolo.com
... a corporation to a Tennessee LLC, you should be aware of some basic facts regarding the state’s ... On the contrary, there are:
C corporations and S corporations
for-profit corporations and non-profit ... charter; and
an attached copy of your new LLC’s articles of organization. ... , because an S corporation has only one level of taxation. ... As a rule, an S corporation itself does not pay tax, only its shareholders do. ...