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... David M. Steingold ... On the contrary, there are:
C corporations and S corporations
for-profit corporations and non-profit ... For more details, check 805 ILCS 180/37-20(c). ... Tax Consequences
Merging a C corporation into an LLC taxed as a partnership often results in a large ... Merging an S corporation into an LLC is fundamentally different from a merger involving a C corporation ... Therefore, the tax consequences for this type of merger are often more limited than mergers involving a C ...