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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. Limited liability limited partnership - Wikipedia

    en.wikipedia.org/wiki/Limited_liability_limited...

    The limited liability limited partnership ( LLLP) is a relatively new modification of the limited partnership. The LLLP form of business entity is recognized under United States commercial law. An LLLP is a limited partnership, and it consists of one or more general partners who are liable for the obligations of the entity, as well as or more ...

  4. 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.

  5. IRS Direct File could save 850,000 Massachusetts taxpayers ...

    www.aol.com/irs-direct-file-could-save-092830067...

    March 18, 2024 at 2:28 AM. A new Internal Revenue Service Direct File tax filing program could save the average Massachusetts taxpayer nine hours of preparation time and $160, according to U.S ...

  6. Employer Identification Number - Wikipedia

    en.wikipedia.org/wiki/Employer_Identification_Number

    Employer Identification Number. The Employer Identification Number ( EIN ), also known as the Federal Employer Identification Number ( FEIN) or the Federal Tax Identification Number ( FTIN ), is a unique nine-digit number assigned by the Internal Revenue Service (IRS) to business entities operating in the United States for the purposes of ...

  7. Incorporation (business) - Wikipedia

    en.wikipedia.org/wiki/Incorporation_(business)

    v. t. e. Incorporation is the formation of a new corporation. The corporation may be a business, a nonprofit organization, sports club, or a local government of a new city or town [citation needed] .

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