The first of these efforts to gain approval from the IRS is a state-imposed entity-level tax on pass-through entities (PTEs), such as partnerships or S corporations. Many states passed legislation that allows PTE owners to elect to pay tax at the entity level as oppose...
In terms of taxes, an LLC can choose to be taxed as a pass-through entity, where the profits and losses "pass through" to the owners' individual tax returns, or it can elect to be taxed as a corporation. How do you know which one is right for you? We consulted with Shylene D’...
Big businesses aren't the only ones who'll benefit from the tax overhaul. Small businesses — namely, pass-through entities such as S corporations and limited liability companies (LLCs) — get a break, too. That's because under current law, profits from a small business "pass through" to...
As a unique business entity type within the industry, LLCs also have the added benefit of flexible taxation; for federal taxes, an LLC is taxed as a pass-through entity (like asole proprietorship, partnership, orS corporation) by default, but it can also elect to be taxed as aC corporatio...
It’s not just the pay structure that will influence your taxes, either. The type of entity you form can have implications for your owner's salary and tax obligations. How does business structure influence owner pay? Depending on your business structure, certain payment options may make more ...
The following example preloads a user-defined DTD into theXmlPreloadedResolver. The DTD is referenced in the test.xml file that is a part of the application's XAP package. To load the file from the XAP package, you must pass a fallback resolver to theXmlPreloadedResolver's...
Autoparameterization helps, but it does not completely eliminate plan cache pollution. In addition, the text of parameterized queries is normalized so that plans are reused even if the original text uses different formatting. Autoparameterization is used only for a subset of queries, based on the ...
The Node.js community treats its testing frameworks much as it does the rest of its projects: as small bits, looking to be composed together in developer-defined ways, to create a whole that is, presumably, pleasing to the developer. In this case, testing starts with the...
As a pass-through entity, LLC ownersalso have tax benefitsdue to the Tax Cuts and Jobs Act, just as S corp owners do. However, LLCs are more flexible than S corps. They aren’t subject to the IRS regulations concerning the number and type of shareholders/owners (called members) or to...
LLC pass-through taxation is when an LLC avoids "double taxation". Instead, the profits and losses flow through to the owners tax return.