Hi all, I started a machine shop in CA about 5 yrs ago and have grown it from $0 to 4mill in sales per year. The company is set up as an S-corp. I am in the process of expanding into an adjacent space to add more production capacity since we are out of space in our current space. I have meet with a adviser who have told be I would start a completely new s corporation for the new space because if I were to expand under the same company I would be classified as an C-corp. My question is what are the benefits of a C-Corp vs an S-corp? And if you were in my case what would you do? Thanks for your help in advance.