Companies that Capitalize on Pass-Through Corporations A Success Story

Pass-through businesses include sole proprietorships, partnerships, limited liability companies and S-corporations. Accordingly, the S Corporation is most commonly used for family or other closely owned businesses that obtain capital from their individual stockholders and/or ... Corporations, and limited liability companies that elect to be taxed as a corporation, are not pass-through entities. Many entrepreneurs choose ... An S corp pass through is a special business entity whose earnings, losses, deductions, and credits pass through to its shareholders' individual tax ... The Tax Cuts and Jobs Act gave birth to a new provision, Section 199A, which permits owners of sole proprietorships, S corporations or ... Pass-through entities include sole proprietorships, partnerships, limited liability companies (LLCs), and S corporations. The main advantage of ... An S corporation is merely an incorporated manufacturer, distributor, or contractor that has chosen to be treated as a partnership for tax purposes. It offers ... Partnerships; S corporations; Limited liability companies (LLCs) taxed as an S corporation or partnership. Qualified entities may elect to pay ... S corporations and partnerships are considered pass-through entities for tax purposes. But what exactly does that mean? The Tax Cuts and Jobs Act (TCJA), the massive tax reform law that took effect in 2018, established a new tax deduction for owners of pass-through businesses ...