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.
All of the profits and losses of the LLC pass through the business to the LLC owners (called members), who report this information on their personal tax returns. The LLC itself does not pay federal income taxes, but some states impose an annual tax on LLCs.he IRS treats one-member LLCs as sole proprietorships for tax purposes. This means that the LLC itself does not pay taxes and does not have to file a return with the IRS. As the sole owner of your LLC, you must report all profits (or losses) of the LLC on Schedule C and submit it with your 1040 tax return.