Empower Your Business with the Flexibility of Pass-Through Corporations

An S corporation is a business that elects to be treated as a pass-through business for federal income tax purposes. This means its profits are ... This category includes sole proprietorships, partnerships, and what are called S-corporations. These are \”pass-through\” corporations, in which ... 80% of family businesses and generationally owned businesses, are organized as a Pass-Through Entity such as Limited liability company (LLC) ... An S corp isn't technically a business structure — it's a tax classification. All businesses have the option of electing to be taxed as an S ... What Companies Are S Corporations? Are you curious about S corporations and the criteria that define them? In this insightful video, ... This large and growing category of U.S. business—which includes sole proprietorships, partnerships such as law firms, private equity companies, ... This designation allows the profits of the corporation to “pass through” the business onto the shareholders or owners. Accordingly, the profits ... BUSINESSES · INDIVIDUALS · TAX PROFESSIONALS · GOVERNMENTS · UNCLAIMED PROPERTY. Pass-Through Entity-Level Tax: Tax-Option (S) Corporation General Election ... A domestic or foreign general partnership, joint venture, limited partnership (LP), limited liability partnership (LLP), limited liability company (LLC), ... The filing and payment of the PTE Excise by an S corporation is not impacted by the S corporation's inclusion in a group filing a combined report (Form 355U).