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 4 Security Tips to Keep Your Small Business... September 9, 2021 3 Worthwhile Services That Could Enhance Your Business September 9, 2021 How to Enhance Your Next QBRS with Data-Driven... September 6, 2021 7 Proven Methods for Improving Productivity in Your... September 3, 2021 The 4 Ways That Project Management Can Help... September 1, 2021 How to Empower Your Team with Time and... September 1, 2021 The Titanic Sinking: 5 Lessons for Fast-Growing Startups August 30, 2021 5 Ways Clean Workspaces Are Good for Your... August 27, 2021 Here’s How You Can Have an Enterprise-Wide View... August 25, 2021 4 Ways to Make Your Business Eco-Friendly August 24, 2021 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.