Problems with S elections frequently cause them to be invalid when made or to terminate. This article discusses four of the ...

If information is entered incorrectly on the main Form 1120S or Schedule M-1, Schedule L may not balance correctly. If your S Corporation has more than $250,000 in assets at the end of the ...

Corporations deduct employee benefit programs on the corporate tax return, Form 1120, Line 24. If the insurance benefit must be reported to partners, the company uses Form K-1, Part III ...

Two consumer advocates are split on Duke Energy’s proposal to close the Cayuga coal plant. But they both said a new, $3 ...

The key designation that distinguishes real estate investment trust corporations is their election to file a Form 1120-REIT with the Internal Revenue Service (IRS). Tax laws for commercial trusts ...

or C Corporation Form 1120 and finally S Corporation Form 1120 S. Tax Act does a nice line in bundle deals, where you can combine your individual and business tax software. You can also select ...

so the business must specifically elect to be taxed as an S-corp. The corporate tax return that S-corps must file is Form 1120S along with Schedule K, which are due by March 15th if the corporation is ...

Whether or not you decide to pay yourself using an LLC or S Corp depends on your business needs and goals and your unique tax ...

At least 11 large companies—including Morgan Stanley, Microsoft, and Oracle—are cutting ties with law firms that caved to ...