When.com Web Search

  1. Ads

    related to: benefits of s corp vs llc

Search results

  1. Results From The WOW.Com Content Network
  2. LLC vs. Corporation - AOL

    www.aol.com/finance/llc-vs-corporation-203712316...

    In some cases, LLCs can elect to be taxed as S corporations, which can offer tax benefits. B corporation. B corporations, also called benefit corporations, are for-profit entities that aim to work ...

  3. Should You Choose S Corp Tax Status for your LLC? - AOL

    www.aol.com/news/choose-corp-tax-status-llc...

    Continue reading ->The post Should You Choose S Corp Tax Status for your LLC? appeared first on SmartAsset Blog. If you have a limited liability company (LLC), electing to tax it an S corporation ...

  4. S corporation - Wikipedia

    en.wikipedia.org/wiki/S_corporation

    An S corporation (or S Corp), for United States federal income tax, is a closely held corporation (or, in some cases, a limited liability company (LLC) or a partnership) that makes a valid election to be taxed under Subchapter S of Chapter 1 of the Internal Revenue Code. [1] In general, S corporations do not pay any income taxes.

  5. Limited liability company - Wikipedia

    en.wikipedia.org/wiki/Limited_liability_company

    It combines the simplicity and flexibility of an LLC with the tax benefits of an S-corporation (self-employment tax savings). [28] Some legal scholars argue that corporate income taxes are intended to limit the power of corporations and to offset the legal benefits corporations enjoy, such as limited liability for their investors. [29]

  6. Entity classification election - Wikipedia

    en.wikipedia.org/wiki/Entity_classification_election

    Another category of US taxpayers who benefit from check-the-box regulations consists of US flow-through entities (S corporations and partnerships) with foreign subsidiaries. If the foreign subsidiary is treated as a corporation, the taxes it pays to the foreign government do not create a foreign tax credit for the US owner under Section 902 ...

  7. Partnership vs. Corporation - AOL

    www.aol.com/finance/partnership-vs-corporation...

    To operate as an S-corp, you must also file that election (IRS Form 2553). Ownership In a partnership, the company is owned by the general partners and, if applicable, limited partners.