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2. How to Calculate a Business Owner’s Salary - AOL

   www.aol.com/finance/calculate-business-owner...

   Pass-through entities: Owners of pass-through entities like sole proprietorships, partnerships, and LLCs (if taxed as a sole proprietorship or partnership) typically pay themselves through owner ...

3. Low-profit limited liability company - Wikipedia

   en.wikipedia.org/wiki/Low-profit_limited...

   [14] [15] Unlike the traditional LLC, the L3C's articles of organization are required by law to mirror the federal tax standards for program-related investing. [16] A program-related investment (PRI) is one way in which foundations can satisfy their obligation under the Tax Reform Act of 1969 to distribute at least 5% of their assets every year ...

4. Limited liability company - Wikipedia

   en.wikipedia.org/wiki/Limited_liability_company

   It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation. [1] An LLC is not a corporation under the laws of every state; it is a legal form of a company that provides limited liability to its

5. Entity concept - Wikipedia

   en.wikipedia.org/wiki/Entity_concept

   An example is a sole trader or proprietorship. The sole trader takes money from the business by way of 'drawings', money for their own personal use. Despite it being the sole trader's business and technically their money, there are still two aspects to the transaction: the business is 'giving' money and the individual is 'receiving' money.

6. Uniform Limited Liability Company Act - Wikipedia

   en.wikipedia.org/wiki/Uniform_Limited_Liability...

   The Uniform Limited Liability Company Act (ULLCA), which includes a 2006 revision called the Revised Uniform Limited Liability Company Act, is a uniform act (similar to a model statute), proposed by the National Conference of Commissioners on Uniform State Laws ("NCCUSL") for the governance of limited liability companies (often called LLCs) by U.S. states.

7. Is Rent Tax Deductible? - AOL

   www.aol.com/finance/rent-tax-deductible...

   Complete the required tax forms: File IRS Form 1040, Schedule C if you are a sole proprietor or single-member LLC reporting business income. For the regular method, attach Form 8829 and calculate ...