Income Taxes

9 Months Ended

Sep. 30, 2023

Income Tax Disclosure [Abstract]

Income Taxes

(7) Income Taxes

Because the Company is a limited liability company taxed as a partnership, taxes are not assessed at the Company level and the results of operations are included in the taxable income of individual members.

USPB nonetheless is required to withhold state income taxes from the cash distributions it makes to its members. As of September 30, 2023 and December 31, 2022, Other accrued expenses and liabilities on the Company’s balance sheet reflected state taxes payable of $0.2 million and $0.9 million, respectively.