Maximizing Tax Savings The Ultimate Guide to Pass-Through Corporations

Why Businesses Choose S Corporation Status? · Owners in top tax bracket, over § 1411 FICA/SE tax threshold, active in business (non-trading) & ... The majority of U.S. businesses are pass-through entities, which include S-corporations, limited liability companies (LLCs), partnerships, and ... Small businesses generally organize as either a regular C corporation or as a “pass-through” entity. ... S corporations, the business pays the ... The other form of pass-through entity is an S-Corp. This company form is initially organized as an LLC and then filed with the IRS to be ... S corporations are generally not subject to an entity-level tax. Instead, an S corporation's income flows through to its shareholders and is ... Corporations, and limited liability companies that elect to be taxed as a corporation, are not pass-through entities. Many entrepreneurs choose ... A domestic or foreign general partnership, joint venture, limited partnership (LP), limited liability partnership (LLP), 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 ... This is because the S corp is a tax designation rather than an actual business entity. Both limited liability companies (LLCs) and corporations can file to be ... Partnerships;; federal S corporations that have made the New Jersey S corporation election; and; Limited liability companies (LLCs). The entity ...