If you disregard something, you ignore it. The term “disregarded entity” is used quite frequently in the IRS world and in the legal world, so you’ll need to understand both aspects of the term. An entity is a legal structure that has legal rights, including being recognized
When you are starting a business, what do you do about business taxes? This is an important question because there is a strict tax law in the United States. The form of business you operate determines the different business taxes you will pay and how you pay.