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  2. What Documents Do I Need to File My LLC Taxes? - AOL

    www.aol.com/documents-file-llc-taxes-162028566.html

    800-290-4726 more ways to reach us. Mail. Sign in. Subscriptions; Animals. Business. Elections. ... talk to a financial advisor who specializes in small business taxes. LLC Tax Filing Basics.

  3. Low-profit limited liability company - Wikipedia

    en.wikipedia.org/wiki/Low-profit_limited...

    Corporate law. A low-profit limited liability company ( L3C) is a legal form of business entity in the United States. [1] Commonly referred to as a hybrid structure, it has characteristics of both for-profit and non-profit entities. [1] L3Cs were created to comply with the Internal Revenue Service (IRS) program-related investments (PRIs) rules ...

  4. Taxation in the United States - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_the_United_States

    Taxes are levied on income, payroll, property, sales, capital gains, dividends, imports, estates and gifts, as well as various fees. In 2020, taxes collected by federal, state, and local governments amounted to 25.5% of GDP, below the OECD average of 33.5% of GDP.

  5. Partnership taxation in the United States - Wikipedia

    en.wikipedia.org/wiki/Partnership_taxation_in...

    e. The rules governing partnership taxation, for purposes of the U.S. Federal income tax, are codified according to Subchapter K of Chapter 1 of the U.S. Internal Revenue Code (Title 26 of the United States Code ). Partnerships are "flow-through" entities. Flow-through taxation means that the entity does not pay taxes on its income.

  6. S corporation - Wikipedia

    en.wikipedia.org/wiki/S_corporation

    v. t. e. An S corporation (or S Corp), for United States federal income tax, is a closely held corporation (or, in some cases, a limited liability company (LLC) or a partnership) that makes a valid election to be taxed under Subchapter S of Chapter 1 of the Internal Revenue Code. [1] In general, S corporations do not pay any income taxes.

  7. Your ultimate guide to how to files taxes for 2022 - AOL

    www.aol.com/finance/ultimate-guide-files-taxes...

    Single tax filers or married filing separate tax returns. $12,550 if you’re under 65. $14,250 if you’re 65 or older. Married filing jointly. $25,100 if both spouses are younger than 65 ...

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