If you have a corporation or have formed a LLC, each year you're required to prepare an annual corporate tax return. Your business structure and how you choose to pay yourself and others determine the ...

All businesses that operate as corporations have to file tax returns on Form 1120 with the Internal Revenue Service regardless of whether taxes are owed or not. Failing to file a corporate tax return ...

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 ...

The IRS on Wednesday issued Notice 2023-42, which grants penalty relief for corporations that did not pay estimated tax in connection with the new corporate alternative minimum tax (CAMT), saying the ...