disregarded entity

  

Definition

Entity that remains independent from the business owner in terms of tax filing procedures. This classification permits the owner of the business to disclosed income and expenses related to the business on his/her personal income tax return. LLCs that are owned by one individual are classified as a disregarded entity by default.

Related Videos




http://www.businessdictionary.com/definition/disregarded-entity.html

Today's Top Bulls

72% Bullish
(36 Votes)
70% Bullish
(103 Votes)
69% Bullish
(26 Votes)
Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z