LLC Pass Through Taxation: What Is It?
Many small business owners and entrepreneurs take their business to the next level by forming a limited liability company. This form of business entity provides protection from the risk of personal assets, but is much easier to form and manage than a corporation. Since the LLC has characteristics of a sole proprietorship and a corp, LLC members may wonder how the profits are taxed. In this article we explain how LLC passes through taxation works. Passthrough taxes are generally favorable to the members who can avoid double taxation. Читать дальше...
