LLC Taxes: How Are LLCs Taxed And What Are Your Options?

Corporate tax without the corporation. An LLC allows a business to be taxed as a corporation without the hassles of a corporation’s business structure. LLCs are generally less expensive to operate, ...
JD Supra

A Narrow Aspect of the Check-the-Box Regulations that Deserves Some Press – Changing an Entity’s Tax Classification From That of a Partnership to That of an S Corporation

More than two decades ago, the Service announced its intention to consider simplifying the entity classification rules in Notice 95-14. It stated: “The Internal Revenue Service and the Treasury ...
JD Supra

Clarifying the Classification of Foreign Entities for Singapore Income Tax Purposes

The Inland Revenue Authority of Singapore (IRAS) has released a guidance on the classification of foreign entities for Singapore income tax purposes. This guidance is significant for businesses and ...
Forbes

LLC Tax Benefits Explained: What You Need To Know

While you may have initially opted for the sole proprietorship or partnership structure for your startup business, these structures may not be practical once your business begins to grow and expand.