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Unlike C Corporations, LLCs are pass-through tax entities. This means profits and losses pass through to the individual members. [0] [0] https://www.sba.gov/bl
by daegloe 11y ago
Unlike C Corporations, LLCs are pass-through tax entities. This means profits and losses pass through to the individual members. [0]
[0] https://www.sba.gov/blogs/6-things-you-need-know-about-your-tax-responsibilities-llc https://www.sba.gov/blogs/6-things-you-need-know-about-your-...
- benajibayassine 11y agoThanks a lot! .. and you would think a lawyer who charges $700 per hour should know that. Motherf*$&er!!
- sre_ops 11y agoThis is not always correct. LLC can elect to be taxes as corporations.