Tag: business structure

Latest Posts From Tag: business structure

Small Business

How Do S Corporations Work?

S corporations are entities that can pass corporate income, losses, deductions and credits through to shareholders for federal tax purposes. Shareholders report the flow-through of income and losses on their personal tax returns and are assessed a tax at their

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Construction

What Taxes Do Businesses Have To Pay?

If you’re running a business, you’re on the hook for a variety of taxes. Let’s take a look at the main categories: Income tax — All businesses except partnerships must file an annual income tax return. (Partnerships file an information

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