For a basic 250 square feet project in zip code 47474, the benchmark cost to Install Vinyl Tile Flooring ranges between $5.33 - $7.00 per square foot* .
A disregarded entity is a business entity that is separate from its owner but which elects to be disregarded as separate from the business owner for federal tax purposes. If this sounds like a double negative, it is.
This means that most LLCs are disregarded entities for federal tax purposes. Nevertheless, an LLC can elect to be taxed as a corporation by filing Form 8832. Upon the effective date of the election, the company loses its status as a disregarded entity. An LLC that is taxed as a corporation, however, may qualify as an S corp, in which case it would again be a disregarded entity.