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24. What is a Pass-Through Entity? LLC's can be taxed in one of four ways: Disregarded, Partnership, S-Corp or C-Corp. Of these 4, what is a "pass-through entity" and how does it work? The quick answer is "pass-through entity" means the profits and losses of the company flow through to the owners for tax purposes. Disregarded, Partnership and S-Corporation tax treatment does this. C-Corporation tax treatment does not. Want to know more? Read a blog article on the topic of Tax Status for Companie
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GHOST YOUR LLC - FOR REAL THIS TIME. You thought forming an LLC was smart? That was step one in the game. But the real power? Is when your 508(c) (1) (a) owns the LLC. Now we're talking about a disregarded entity — Meaning to the IRS, it's not even there. Invisible, unseen, untouchable. like it never existed. A literal Ghost in the system. Your LLC still runs your business Still takes payments Still functions like normal. But instead of YOU owning it (and getting slaughtered in taxes), It's owne
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