{"id":2042,"date":"2019-05-10T15:20:48","date_gmt":"2019-05-10T15:20:48","guid":{"rendered":"https:\/\/sarahf10.sg-host.com\/?p=2042"},"modified":"2021-02-23T21:16:07","modified_gmt":"2021-02-23T21:16:07","slug":"pass-through-businesses-qa","status":"publish","type":"post","link":"https:\/\/taxops.com\/pass-through-businesses-qa\/","title":{"rendered":"Pass-Through Businesses Q&#038;A"},"content":{"rendered":"<img class=\"lazyload\" decoding=\"async\" width=\"640\" height=\"638\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" data-src=\"https:\/\/taxops.com\/wp-content\/uploads\/2019\/05\/Pass-through-deduction-1-1024x1020.png\" alt=\"\" data-srcset=\"https:\/\/taxops.com\/wp-content\/uploads\/2019\/05\/Pass-through-deduction-1-1024x1020.png 1024w, https:\/\/taxops.com\/wp-content\/uploads\/2019\/05\/Pass-through-deduction-1-150x150.png 150w, https:\/\/taxops.com\/wp-content\/uploads\/2019\/05\/Pass-through-deduction-1-300x300.png 300w, https:\/\/taxops.com\/wp-content\/uploads\/2019\/05\/Pass-through-deduction-1-768x765.png 768w, https:\/\/taxops.com\/wp-content\/uploads\/2019\/05\/Pass-through-deduction-1.png 1073w\" sizes=\"(max-width: 640px) 100vw, 640px\"><noscript><img class=\"lazyload\" decoding=\"async\" width=\"640\" height=\"638\" src=\"https:\/\/taxops.com\/wp-content\/uploads\/2019\/05\/Pass-through-deduction-1-1024x1020.png\" alt=\"\" srcset=\"https:\/\/taxops.com\/wp-content\/uploads\/2019\/05\/Pass-through-deduction-1-1024x1020.png 1024w, https:\/\/taxops.com\/wp-content\/uploads\/2019\/05\/Pass-through-deduction-1-150x150.png 150w, https:\/\/taxops.com\/wp-content\/uploads\/2019\/05\/Pass-through-deduction-1-300x300.png 300w, https:\/\/taxops.com\/wp-content\/uploads\/2019\/05\/Pass-through-deduction-1-768x765.png 768w, https:\/\/taxops.com\/wp-content\/uploads\/2019\/05\/Pass-through-deduction-1.png 1073w\" sizes=\"(max-width: 640px) 100vw, 640px\"><\/noscript>\n\nPass-through businesses outnumber other business entity structures in America. Erica York for the Tax Foundation writes <a href=\"https:\/\/taxfoundation.org\/increasing-individual-income-tax-rates-impact-businesses\/\">pass-throughs<\/a>&nbsp;file more tax returns and report more business income than C corporations.\n\n<!-- \/wp:post-content -->\n\n<!-- wp:paragraph -->\n\nPass-through businesses report their income on the individual income tax returns of owners. The Tax Foundation answered some frequently asked questions about this pass-through structure and taxation. Click here to see the answers at <a href=\"https:\/\/taxfoundation.org\/pass-through-businesses\/?utm_source=Tax+Foundation+Newsletters&amp;utm_campaign=3af5c93900-RSS_EMAIL_CAMPAIGN&amp;utm_medium=email&amp;utm_term=0_8387957ec9-3af5c93900-427651801&amp;mc_cid=3af5c93900&amp;mc_eid=e5bb68bfa0\">The Tax Foundation.<\/a>\n\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n\nQ&amp;A:\n\n<!-- \/wp:paragraph -->\n\n<!-- wp:list -->\n<ul>\n \t<li>How are pass throughs taxed?<\/li>\n \t<li>How many times are pass throughs taxed?<\/li>\n \t<li>What other types of taxes do pass throughs pay?<\/li>\n \t<li>Are there different types of pass throughs?<\/li>\n \t<li>Are pass throughs and small businesses the same?<\/li>\n \t<li>Who earns pass-through business income?<\/li>\n \t<li>What is the pass-through deduction (Section 199A)?<\/li>\n<\/ul>\n<!-- \/wp:list -->\n\n<!-- wp:paragraph -->\n\nSource: <a href=\"https:\/\/taxfoundation.org\/pass-through-businesses\/?utm_source=Tax+Foundation+Newsletters&amp;utm_campaign=3af5c93900-RSS_EMAIL_CAMPAIGN&amp;utm_medium=email&amp;utm_term=0_8387957ec9-3af5c93900-427651801&amp;mc_cid=3af5c93900&amp;mc_eid=e5bb68bfa0\">The Tax Foundation<\/a>.\n\n<!-- \/wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3><strong>Let?s Talk Tax<\/strong><\/h3>\n<!-- \/wp:heading -->\n\n<!-- wp:quote -->\n<blockquote>Contact&nbsp;<a href=\"https:\/\/taxops.com\/team\/allen-gregory\">Allen Gregory<\/a>&nbsp;for a consult at<a href=\"mailto:agregory@taxops.com\">&nbsp;agregory@taxops.com<\/a>&nbsp;or 303.393.2320.<\/blockquote>\n<h3><strong>In Other Tax News<\/strong><\/h3>\n<!-- \/wp:quote -->\n\n<!-- wp:quote -->\n<blockquote><a href=\"https:\/\/taxops.com\/we-have-arrived-crush2019\/\">We have arrived?CRUSH2019!<\/a>&nbsp;\n\n<a href=\"https:\/\/taxops.com\/wayfairs-unintended-consequence-overcharging-at-checkout\/\">Wayfair?s unintended consequence: Overcharging at checkout<\/a>\n\n<a href=\"https:\/\/taxops.com\/r-d-nexus-who-worked-on-what\/\">?R&amp;D nexus: Who worked on what?? in Accounting Today<\/a>&nbsp;\n\n<a href=\"https:\/\/taxops.com\/irs-completes-list-of-annual-dirty-dozen\/\">IRS completes list of annual ?Dirty Dozen?<\/a>&nbsp;\n\n<a href=\"https:\/\/taxops.com\/irs-rules-on-20-percent-tax-break\/\">IRS rules on 20 percent tax break<\/a><\/blockquote>\n<figure><a href=\"https:\/\/taxops.com\/subscribe-to-tax-news-by-email\"><img class=\"lazyload\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" data-src=\"https:\/\/taxops.com\/wp-content\/uploads\/2019\/04\/subscribe.png\" alt=\"\" width=\"176\" height=\"76\"><noscript><img class=\"lazyload\" decoding=\"async\" src=\"https:\/\/taxops.com\/wp-content\/uploads\/2019\/04\/subscribe.png\" alt=\"\" width=\"176\" height=\"76\"><\/noscript><\/a><\/figure>\n<!-- \/wp:quote -->\n\n<!-- wp:image {\"id\":1644,\"align\":\"right\",\"width\":168,\"height\":71,\"linkDestination\":\"custom\"} -->\n\n<!-- \/wp:image -->\n\n<!-- wp:paragraph {\"dropCap\":true} -->\n\n<a href=\"https:\/\/www.linkedin.com\/company\/taxops-llc\"><img class=\"lazyload\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" data-src=\"https:\/\/taxops.com\/wp-content\/uploads\/2019\/04\/Follow-us-on-LinkedIn-1-300x127.jpg\" alt=\"\" width=\"168\" height=\"71\"><noscript><img class=\"lazyload\" decoding=\"async\" src=\"https:\/\/taxops.com\/wp-content\/uploads\/2019\/04\/Follow-us-on-LinkedIn-1-300x127.jpg\" alt=\"\" width=\"168\" height=\"71\"><\/noscript><\/a>\n\n<!-- \/wp:paragraph -->","protected":false},"excerpt":{"rendered":"<p>Pass-through businesses file more tax returns and report more business income than C corporations. Erica York for the Tax Foundation answers many frequently asked questions about pass-through structure and taxation.<\/p>\n","protected":false},"author":3,"featured_media":2047,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","spt_transcript":"","footnotes":""},"categories":[228,226],"tags":[252,284,126,265,80],"class_list":["post-2042","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-federal-tax","category-tax-news","tag-accountant","tag-cfo","tag-cpa","tag-finance-professional","tag-tax-provider"],"aioseo_notices":[],"jetpack_featured_media_url":"https:\/\/taxops.com\/wp-content\/uploads\/2019\/05\/Pass-through-deduction-1.png","_links":{"self":[{"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/posts\/2042","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/comments?post=2042"}],"version-history":[{"count":1,"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/posts\/2042\/revisions"}],"predecessor-version":[{"id":6690,"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/posts\/2042\/revisions\/6690"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/media\/2047"}],"wp:attachment":[{"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/media?parent=2042"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/categories?post=2042"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/tags?post=2042"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}