Understanding Pass Thru Entities: What They Are and How They Work
What is a pass thru? Rather, most businesses-about 95 percent-are “”pass-throughs,”” which have their income “”pass through”” to their owners to be taxed under the individual income tax. Pass-through businesses include sole proprietorships, partnerships, and S-corporations. Read more on www.brookings.edu A pass-through entity is a type of business structure that enables the owners’ personal income … Read more