Business & Corporate Tax Returns

In the U.S., business and corporate tax returns vary depending on the legal structure of the business. The type of entity (e.g., sole proprietorship, partnership, corporation, S corporation, or LLC) determines the forms filed, tax rates, and treatment of income. Here’s an overview of how taxes are handled for different business structures:

• Sole Proprietorship
• Partnership
• Limited Liability Company (LLC)

Single-member LLC
Multi-member LLC

• C Corporation (Regular Corporation)
• S Corporation
• Non-Profit Organizations (501(c)(3))