Skip to Content

Category: CSBB Blog

11 Things to Consider When Negotiating a Tax Distribution Provision

June 20, 2018 CSBB Blog

The owners of pass-through entities: partnerships (including limited liability companies—LLCs—taxed as partnerships) and S corporations, must pay tax on their share of the entities’ profits, irrespective of whether the pass-through entity distributes any of those profits to the owners. This disconnect creates the possibility of “phantom income”—taxable income without a…

Over 100 Awards & Recognitions