Unlike C Corporations, LLCs are pass-through tax entities. This means profits and losses pass through to the individual members. [0]<p>[0] <a href="https:&#x2F;&#x2F;www.sba.gov&#x2F;blogs&#x2F;6-things-you-need-know-about-your-tax-responsibilities-llc" rel="nofollow">https:&#x2F;&#x2F;www.sba.gov&#x2F;blogs&#x2F;6-things-you-need-know-about-your-...</a>