LLC Pass-Through Income: What You Need to Know
What is LLC pass-through income? An LLC is considered a pass-through entity-also called a flow-through entity-which means it pays taxes through an individual income tax code rather than through a corporate tax code. In addition to LLCs, sole proprietorships, S Corporations, and partnerships are all pass-through businesses. Read more on www.investopedia.com Pass-through income is one … Read more