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 ...

Individuals and sole proprietors who are not ready to submit Form 1040 can file Form 4868 to receive an automatic 6-month extension. C-Corporations and LLCs taxed as corporations can file Form 7004 to ...

Tax management platform Instead is planning to offer completely free tax return preparation and filing for Forms 1040, 1041, ...

C corp estimated tax payments work like withholding for employees. Your company pays in ahead of time so that you don't end up staring at your tax forms on April 15 and realizing you can't cover your ...

As a freelancer or contractor, at some point you may wish to incorporate and be taxed as an S corporation. Here’s a closer look at the process of becoming an S corporation and when switching might ...

The Internal Revenue Service may be changing Schedule UTP, the Uncertain Tax Position Statement, which corporate taxpayers file with their Form 1120 tax returns, because it doesn’t contain enough ...

Ownership changes can complicate the final partnership tax return of the average small business. Limited liability companies (LLCs) with multiple owners, known as members, can choose corporate or ...