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  2. Limited liability company - Wikipedia

    en.wikipedia.org/wiki/Limited_liability_company

    It is a hybrid structure that combines the legal and tax flexibility of a traditional LLC, the social benefits of a nonprofit organization, and the branding and market positioning advantages of a social enterprise. An anonymous limited liability company is an LLC for which ownership information is not made publicly available by the state.

  3. Entity classification election - Wikipedia

    en.wikipedia.org/wiki/Entity_classification_election

    This entity classification election is made by filing Internal Revenue Service Form 8832. Absent filing the form, a default classification applies. U.S. corporations of the type that can be publicly traded must be treated as corporations. There is a list of specific foreign entities that must be treated as corporations. [2]

  4. Low-profit limited liability company - Wikipedia

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

    A low-profit limited liability company (L3C) is a legal form of business entity in the United States. [1] Commonly referred to as a hybrid structure, it has characteristics of both for-profit and non-profit entities. [ 1 ]

  5. 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.

  6. 5 Ways You Can Reduce Your Tax Bill Like a Millionaire ... - AOL

    www.aol.com/5-ways-reduce-tax-bill-170009419.html

    The IRS tax code was written to reward certain behaviors, such as investing in real estate, starting a business and getting business education. Read Next: 7 Tax Loopholes the Rich Use To Pay Less ...

  7. Section 831 (b) - Wikipedia

    en.wikipedia.org/wiki/Section_831(b)

    Under the draft rules, certain micro-captive transactions have been identified as listed transactions or transactions of interest under the relevant disclosure rules. The new micro-captive insurance rules were published as a response to the agency's loss in the case of CIC Services, LLC v. IRS.

  8. The IRS just made a ruling on 401 (k) company matches that ...

    www.aol.com/finance/irs-just-made-ruling-401...

    The Internal Revenue Service (IRS) ruled that employees at an unnamed company can designate a portion of their employer match to student debt repayments or health reimbursement accounts, in ...

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