Disregarded Entities and Federal Taxes When your SMLLC is a disregarded entity, it’s treated like any other sole proprietorship for federal tax purposes. This means that you’ll file IRS Schedule C, along with your personal tax return, in order to report all of your LLC’s income and expenses. Are disregardedRead More →
Carrying on business is to perform activities for a business organization such as a partnership or corporation with the purpose of making a profit. … In partnership law, partners must carry on business in order to maintain the property benefits of the partnership structure. What is carrying on business inRead More →
National railways, rail transportation services owned and operated by national governments. U.S. railways are privately owned and operated, though the Consolidated Rail Corporation was established by the federal government and Amtrak uses public funds to subsidize privately owned intercity passenger trains. Can you invest in Amtrak? Amtrak is redefining theRead More →