Pass-Through Corporations A Comprehensive List of Companies

These include businesses operated as sole proprietorships, partnerships, S corporations, and limited liability companies taxed as partnerships. The tax on the ... Pass-through entities include sole proprietorships, partnerships, limited liability companies (LLCs), and S corporations. The main advantage of ... Partnerships; S corporations; Limited liability companies (LLCs) taxed as an S corporation or partnership. Qualified entities may elect to pay ... The state of Iowa has enacted a tax provision for pass-through entities that will allow a partner or shareholder to claim a credit against the individual ... This designation allows the profits of the corporation to “pass through” the business onto the shareholders or owners. Accordingly, the profits ... Sole-proprietorships, LLCs, S corporations, and partnerships are “pass-through” entities, meaning they don't pay tax at the company level. Small businesses generally organize as either a regular C corporation or as a “pass-through” entity. ... S corporations, the business pays the ... This new Bloomberg Tax Portfolio summarizes the key considerations for pass-through business taxpayers considering conversion to C corporation (C corp) status. Eligible corporations, however, are permitted to make an election to be treated as an S corporation, which enables the shareholders to receive pass-through ... A limited liability company classified as an association and taxable as a corporation for federal purposes may elect S corporation status. The LLC will also be ...