Entity Taxation

A pass-through entity is a business structure in which income generally passes through to owners rather than being taxed only at the entity level.

Sole proprietorship tax refers to the tax treatment of business income reported directly by an owner rather than through a separate taxed entity.

Partnership tax refers to the tax treatment of partnership income, which commonly flows through to partners rather than being taxed only at the partnership level.

S corporation tax refers to the tax treatment of an S corporation, which commonly uses pass-through taxation rather than a pure entity-level corporate tax model.

C corporation tax refers to the tax treatment of a C corporation, where the corporate entity is treated as its own taxpayer for income tax purposes.

Corporate income tax is the tax imposed on taxable income at the corporate entity level rather than only through owner-level reporting.

Terms for how different business structures are taxed and how income moves from an entity to an owner.