The biggest difference between C and S corporations is taxes. C corporations pay tax on their income, plus you pay tax on whatever income you receive as an owner or employee. An S corporation doesn’t pay tax. Instead, you and the other owners report the company revenue as personal income. The following forms are included in this packet to assist you in organizing your S Corporation: Articles of Incorporation, Corporate By-Laws, Intellectual Property Agreement, Shareholder Agreement, Mutual Non-Disclosure Agreement, Unilateral Non-Disclosure Agreement, Offer Letter, Employee Contract.