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.
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.