A limited liability company is a relatively new business structure in the U.S., created ... a single-member LLC by default as a disregarded entity for tax purposes and treats the business as ...

The IRS, however, has some trouble dealing with single member LLCs because the structure of the tax code recognizes ... rights associated with the entity. Disregarded entities like single member ...

In the decade since the “check-the-box” (CTB) regulations took effect, tax and business ... purpose entity (usually an SMLLC) to hold the parked property for the taxpayer until the exchange is ...

When buying or selling a business, one thing is certain: there will be tax consequences. Your deal’s tax structure can ... it may be treated as a disregarded entity, in which case its activity ...

For business transition/succession purposes, the use of the limited liability company (LLC) is one entity structure that ... Is the entity simply disregarded for tax purposes, or is the entity ...

Do I Need to File a Tax Return for an LLC With No Income? LLC tax filing requirements depend on how the LLC is taxed. An LLC may be disregarded as an entity ... by Business Structure Tax filing ...

Many entrepreneurs wonder about considerations like these when deciding on a business structure ... the corporate tax rates ranged from 15 to 39%.) A pass-through entity income tax deduction (for sole ...

Sec. 301.7701-2(a), business entities with a single owner may be disregarded as an entity separate from their owner (disregarded entities) for federal tax purposes. However, Regs. Secs.