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2. 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 ...

3. Small Business Association of Michigan - Wikipedia

   en.wikipedia.org/wiki/Small_Business_Association...

   The Small Business Association of Michigan (SBAM) is a non-profit association that consists of Michigan -based businesses with 500 or fewer employees. Founded in 1967 by Richard B. Sanford in Kalamazoo, Michigan, it is now headquartered in Lansing, United States. SBAM provides its members with political advocacy, group buying power of products ...

4. Unrelated Business Income Tax - Wikipedia

   en.wikipedia.org/wiki/Unrelated_Business_Income_Tax

   Unrelated Business Income Tax. Unrelated Business Income Tax (UBIT) in the U.S. Internal Revenue Code is the tax on unrelated business income, which comes from an activity engaged in by a tax-exempt 26 U.S.C. 501 organization that is not related to the tax-exempt purpose of that organization.

5. Corporate tax in the United States - Wikipedia

   en.wikipedia.org/wiki/Corporate_tax_in_the...

   Corporate tax is imposed in the United States at the federal, most state, and some local levels on the income of entities treated for tax purposes as corporations. Since January 1, 2018, the nominal federal corporate tax rate in the United States of America is a flat 21% following the passage of the Tax Cuts and Jobs Act of 2017.

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. Michigan retirees run into some early software ... - AOL

   www.aol.com/michigan-retirees-run-early-software...

   Michigan retirees run into some early software roadblocks and confusion on pension taxes. Gannett. Susan Tompor, Detroit Free Press. February 22, 2024 at 7:03 AM. Like many Michigan retirees, John ...