Wednesday, November 5, 2014

Most of the Private Sector Workforce is Employed by Pass-through Businesses


Most of the Private Sector Workforce is Employed by Pass-through Businesses

Years ago when LLCs were first being developed we saw them as an alternative to S-corporations for closely held businesses.  Today they dominate the organizational form calculus.  In most (I would say all, but I have not checked of late), far more LLCs are organized than are corporations.

A recent report from the Tax Foundation reports that in all but two states, more people are employed by pass-through entities (of which most are LLCs) than by traditional C-corporations.

HERE IS A LINK to that report.

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