LLC Taxation Rules?

Answer The appeal of the limited liability company business structure is not only in the asset protection it offers, but also in the ease of understanding and following the taxation rules. An LLC is a flo... Read More »

Top Q&A For: LLC Taxation Rules

LLC Partnership & Taxation?

A Limited Liability Company (LLC) gives business owners the best of both worlds. The owners, or members, can rest assured that their personal assets are legally protected and cannot be used to pay... Read More »

What is Schedule E in taxation?

Taxpayers use IRS Form 1040 Schedule E to report income or losses from a variety of sources. The most common are real estate rentals, estates, trusts, partnerships and S corporations.RentsUse Part ... Read More »

What is schedule D Taxation?

Schedule D is the Internal Revenue Service (IRS) tax form that allows you to figure your capital gains. Your capital gains may be taxed differently than regular income.TypesAny time you sell someth... Read More »

What is progressive taxation?

Progressive taxation refers to taxes that charge a higher percentage rate for people who have higher income levels. Other types of taxes include flat taxes and regressive taxes.ExampleThe United St... Read More »