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  2. How to dissolve an LLC

    www.aol.com/finance/dissolve-llc-153000360.html

    For a single-member LLC, the decision is yours. Next, notify creditors of the intent to dissolve and give them a time frame to bring up claims. ... Not paying final taxes, including payroll taxes ...

  3. Limited liability company - Wikipedia

    en.wikipedia.org/wiki/Limited_liability_company

    Under partnership tax treatment, each member of the LLC, as is the case for all partners of a partnership, annually receives a Form K-1 reporting the member's distributive share of the LLC's income or loss that is then reported on the member's individual income tax return. [25]

  4. Loan-out corporation - Wikipedia

    en.wikipedia.org/wiki/Loan-out_corporation

    To avoid paying tax twice, at the corporate and personal income tax levels, the loan-out corporation will pay out its profits to the sole shareholder as a salary or bonus. Since the payment is treated as a salary expense, it is tax deductible as it is a typical part of business operations, rather than the elective payment of a dividend ...

  5. Payroll tax - Wikipedia

    en.wikipedia.org/wiki/Payroll_tax

    The other type of Swedish payroll tax is the income tax withheld , which consists of municipal, county, and, for higher income brackets, state tax. In most municipalities, the income tax comes to approximately 32 percent, with the two higher income brackets also paying a state tax of 20 or 25 percent respectively.

  6. What is net pay? How to calculate the money you're taking ...

    www.aol.com/net-pay-calculate-money-youre...

    Keeping track of your employee's net pay and gross pay is important for tracking payroll taxes. If there are any inconsistencies between the two, you may want to verify the information. If there ...

  7. Corporate tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Corporate_tax_in_the...

    The first federal income tax was enacted in 1861, and expired in 1872, amid constitutional challenges. A corporate income tax was enacted in 1894, but a key aspect of it was shortly held unconstitutional. In 1909, Congress enacted an excise tax on corporations based on income.

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