The S corporation has a responsibility to file an informational income tax return each year as well as a range of other IRS forms. S corporations are required to report tax-related financial ...

To elect for S-corp treatment, file Form 2553. You can make the election valid for the current tax year, which will be reflected in next year's return, by filing Form 2533 no more than two months ...

However, being a pass-through entity doesn’t necessarily mean an S-corp is completely relieved of all tax obligations. They’re still required to pay certain taxes and file various tax forms.

Freelancers and independent contractors have to fill out Form W-9 for their employers and clients. Here's what to do and how ...

The form for those 65 and older is easier to read and fill out Jim Probasco has 30+ years of experience writing for online, print, radio, and television media, including PBS. His expertise ...

Companies wishing to file as an S corp must meet the following ... entity and must pay corporate taxes Passes profits and losses to shareholders in the form of wages and dividends that are ...

While Americans struggle to afford basic necessities, Vice President Kamala Harris continues to campaign on the same economic ...

If you expect to have to file a U.S. tax return in 2021, and your identification number is expiring, submit a renewal application by completing the Form W-7 and including all required documents.

The S corp tax status can be obtained by filing Form 2553 with the IRS. How much does it cost to turn an LLC into an S Corp? A California Corporation, LLC, or Limited Partnership will be required to ...

India’s Central Board of Direct Taxes has extended the corporate tax filing deadline for AY 2024-25 from October 31 to ...

Tax deducted under Sections 192 to 195 of theIncome Tax Act, typically by employers, necessitates issuance of a certificate (most commonly Form 16). This certificate provides the following details ...

Discusses how HOAs must comply with the FINCEN BOI reporting requirement under the Corporate Transparency Act.