The Essential Companies Embracing Pass-Through Corporations

On the other hand, S Corporations (“S Corps”)—corporations taxed under Subchapter S of the Internal Revenue Code—and limited liability companies (“LLCs”) are ... Regular corporations (C-corps) are subject to federal and state corporate income taxes (sizeable businesses pay about 35 percent at the federal ... Pass-through businesses, such as sole proprietorships, partnerships, and S corporations, are treated differently than C corporations under ... Entities (like LLCs) classified as partnerships or S corporations for tax purposes, also known as pass-through entities, offer businesses the opportunity to ... S-corps, which are considered pass-through entities, have a unique tax structure given how their income distribution and loss limitations work. S corporations are corporations that elect to pass corporate income, losses, deductions, and credits through to their shareholders for federal tax purposes. Pass-through taxation. Both LLCs and S corporations are pass-through tax entities. (Although an LLC can choose not to be taxed as pass-through if the owners ... How does Louisiana tax a corporation that is classified by the IRS as an "S" (small business) corporation? · How are Limited Liability Companies (LLCs) taxed for ... Rather, shareholders in the businesses considered S Corporations are taxed at the personal income tax rate, 3.07 percent. Shareholders of an S Corporation ... These businesses include LLCs, partnerships, S corporations, and sole proprietorships. Many businesses are pass-through (sometimes called "flow- ...