Limited liability companies (LLCs) are what's called "pass-through entities." This means that the business does not pay corporate income taxes. Instead, the individual owners or members of the LLC ...

Financial advisors and their business clients can breathe a sigh of relief after new taxes on pass-through entities were rejected in the Senate’s version of the “One Big Beautiful Bill,” which passed ...

Careful analysis of the employee retention credit (“ERC”) provided under the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) and the 199A limitations set forth under the Tax Cuts and ...

We may receive a commission on purchases made from links. Most of the major socket set brands offer pass-through socket sets, especially those considered the best and most lower ranked brands. You'll ...

As described below, this pass-through deduction is costly, has failed to produce promised growth, disproportionately benefited the wealthy, and has encouraged businesses to game the tax code to ...