Grow Your Business with the Power of Pass-Through Corporations

a single-member limited liability company, qualified subchapter S subsidiary or other entity type that is treated as a disregarded entity for federal income tax ... ​The best way to access company account numbers is via Kentucky One Stop Business Portal. Another way would be if the interested party is listed on form 20A100 ... Both S corps and LLCs are known as pass-through entities because they pay no corporate taxes. Instead, they pay their shareholders, who become responsible for ... An S Corporation (S Corp) is a closely held corporation (Limited Liability Company (LLC), partnership, or C Corporation) that is treated as a pass-through ... BUSINESSES · INDIVIDUALS · TAX PROFESSIONALS · GOVERNMENTS · UNCLAIMED PROPERTY. Pass-Through Entity-Level Tax: Tax-Option (S) Corporation General Election ... An S corporation is a corporation that's treated as a 'pass-through entity' for federal tax purposes. The “S” in 'S-Corp' refers to Subchapter S in Chapter 1 of ... An S corp pass through is a special business entity whose earnings, losses, deductions, and credits pass through to its shareholders' individual tax ... sole proprietorships; trusts; non-profit corporations; corporations that are not New York S corporations. When to make the election. An S ... Eligible corporations, however, are permitted to make an election to be treated as an S corporation, which enables the shareholders to receive pass-through ... S corporations are generally not subject to an entity-level tax. Instead, an S corporation's income flows through to its shareholders and is ...