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CHAPTER 11: Limited Liability Companies.
- Source :
- Tax Savvy for Small Business (9781413316407); 11/ 1/2011, p177-183, 7p
- Publication Year :
- 2011
-
Abstract
- The article discusses the tax treatment of limited liability companies (LLC) in the U.S. According to small business expert Gene Fairbrother, the limited liability feature of LLCs make them superior to sole proprietorship or partnership. The LLC is classified as a pass-through tax entity. The tax reporting duties of LLCs and members are listed.
Details
- Language :
- English
- ISBNs :
- 9781413316407
- Database :
- Supplemental Index
- Journal :
- Tax Savvy for Small Business (9781413316407)
- Publication Type :
- Book
- Accession number :
- 67614312