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.
So an LLC treated for tax purposes as a corporation can't own an S corporation. Things get a little trickier if you're talking about a single member LLC that's not made an election to be treated as a corporation... and here's why: Such a single member LLC is disregarded or ignored for tax accounting purposes.ccordingly, while a partnership or an LLC taxed as a partnership can't own an S corporation, an S corporation can own an interest in a partnership or an LLC taxed as a partnership. Similarly, while a corporation can't in almost all situations own an S corp, an S corp can own a corporation.