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  2. Portal:Companies/Intro - Wikipedia

    en.wikipedia.org/wiki/Portal:Companies/Intro

    The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: voluntary associations, which may include nonprofit organizations; business entities, whose aim is to generate sales, revenue, and profit; financial entities and banks; programs or educational institutions ...

  3. Limited liability company - Wikipedia

    en.wikipedia.org/wiki/Limited_liability_company

    As a business entity, an LLC is often more flexible than a corporation and may be well-suited for companies with a single owner. [5] Although LLCs and corporations both possess some analogous features, the basic terminology commonly associated with each type of legal entity, at least within the United States, is sometimes different.

  4. Entity concept - Wikipedia

    en.wikipedia.org/wiki/Entity_concept

    Under the business entity concept, a business holds separate entity and distinct from its owners. "The entity view holds the business 'enterprise to be an institution in its own right separate and distinct from the parties who furnish the funds" [1] An example is a sole trader or proprietorship. The sole trader takes money from the business by ...

  5. Limited company - Wikipedia

    en.wikipedia.org/wiki/Limited_company

    A "limited liability company" (LLC) is a different entity. However, some states permit corporations to have the designation Ltd. [6] (instead of the usual Inc.) to signify their corporate status. A corporation must file annual corporate tax returns with the Internal Revenue Service.

  6. Schedule K-1 Tax Form Explained - AOL

    www.aol.com/finance/schedule-k-1-tax-form...

    The Schedule K-1 Tax Form Explained - File IRS tax form Schedule K-1 to report your income from "Pass-through entities," such as S corporations, estates, and LLCs. Learn more about when and how to ...

  7. Outline of business - Wikipedia

    en.wikipedia.org/wiki/Outline_of_business

    The following outline is provided as an overview of and topical guide to business: Business – organization of one or more individuals, engaged in the trade of goods, services, or both to consumers, [1] and the activity of such organizations, also known as "doing business".

  8. Business - Wikipedia

    en.wikipedia.org/wiki/Business

    A business entity is not necessarily separate from the owner and the creditors can hold the owner liable for debts the business has acquired. [6] The taxation system for businesses is different from that of the corporates. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the ...

  9. Company - Wikipedia

    en.wikipedia.org/wiki/Company

    The company, as an entity, was created by the state which granted the privilege of incorporation. [1] Companies take various forms, such as: voluntary associations, which may include nonprofit organizations; business entities, whose aim is to generate sales, revenue, and profit; financial entities and banks; programs or educational institutions

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