People use Chinese medicine to treat many illnesses from asthma and allergies to cancer and infertility. Chinese doctors may use several types of treatment to restore qi balance. Chinese medicine therapies include: 1  Acupuncture, which uses thin metal needles placed along the body's meridians.2  Acupressure, which uses the hands or fingers to apply direct pressure to points along the body's meridians.eople use Chinese medicine to treat many illnesses from asthma and allergies to cancer and infertility. Chinese doctors may use several types of treatment to restore qi balance. Chinese medicine therapies include: 1  Acupuncture, which uses thin metal needles placed along the body's meridians.
Choosing a Tax Structure for Your LLC Unlike a corporation (like a C-Corp or S-Corp), a Limited Liability Company is not a separate taxable entity. The IRS refers to LLCs as âpass-through entities,â which simply means that the tax liabilities of the company âpass throughâ to you and your co-owners personal income tax.
An S corp may own up to 100 percent of an LLC, or limited liability company. While all but single-member LLCs cannot be shareholders in S corporations, the reverse -- an S corporation owning an LLC -- is legal.The similarity of tax treatment for S corps and LLCs eliminates most of the common concerns about IRS issues.here is, however, one way for an LLC to own stock in an S corp. A single member LLC, taxed as a sole proprietorship, is called a disregarded entity by the IRS. Treated like an unincorporated individual, this LLC could own stock in an S corp and receive profits in relation to its ownership percentage.