If you have formed a limited liability company that is being taxed as an S corporation, also called an S Corp, you will at some point need to become acquainted with form 1120-S. The IRS Form 1120-S is ...

Small businesses get the benefit of deducting business expenses from their taxable income. Businesses structured as S corporations can deduct payroll tax expenses on line 12 of Form 1120S. Only the ...

In January, the Internal Revenue Service announced plans for a new schedule to accompany the Form 1120, U.S. Corporation Income Tax Return. Schedule M-3, Net Income (Loss) Reconciliation for ...

Kelly Phillips Erb is a Forbes senior writer who covers tax. Should I submit the 1120s form or the 1040 Schedule C for my LLC - single proprietor? Last year (first year of being an LLC) I sent in the ...

ROCK HILL, SC / ACCESSWIRE / March 15, 2024 / Tax season can be a stressful time for businesses, but ExpressExtension is here to alleviate the pressure by offering a seamless solution for extending ...

With the proliferation of digitalization in the global economy, many foreign businesses are accessing the US market online with minimal physical presence. In many instances, foreign companies selling ...

Please note: This item is from our archives and was published in 2004. It is provided for historical reference. The content may be out of date and links may no longer function. WITH THE ADDITION OF ...

March 17, 2025, is a key tax deadline for businesses, but they can request an extension of time using Form 7004 through ExpressExtension, a secure and easy e-filing service. ROCK HILL, SC / ACCESS ...