Did You Miss This Little Tax Secret That Can Save Solopreneurs Money? by Olufisayo May 15, 2017 written by Olufisayo Published: May 15, 2017Last Updated on November 25, 2019 0 FacebookTwitterPinterestLinkedinWhatsappEmail Related Articles The Benefits and Drawbacks of Keeping Your Business... June 28, 2022 How to Make an Email Signature within a... June 25, 2022 12 Things You Should Know If You Ever... June 24, 2022 The Top Business Trends for 2022 June 23, 2022 What You Should Know About Energy Plans for... June 20, 2022 Business Skills That You Need to Work as... June 16, 2022 Packaging Tips for Your E-Commerce Business – How... June 10, 2022 Do You Need A Business Server & How... June 10, 2022 Why Should You Switch Your Company to Remote... June 10, 2022 How to Start a Software as a Service... June 7, 2022 1 comment A Guide on Taxation for Small Business Entities and Disregarded Entities February 23, 2019 - 3:19 PM […] This approach to taxation makes it easier for the business owner to make tax filing. Unlike other business structures, disregarded entities are the only business structures that allow the owner to classify the business tax as their tax responsibility. In addition to being one of the easiest business structure to file tax returns, they are also the only business model that does not have double taxation and this according to taxation pundits is unmatched. In most cases, the business owner can even claim a 20% claim as a refund before paying tax. Finally, this is the only business structure that has protection on limited liability. All these factors make this business structure a tax haven. […] Comments are closed.