and credits through to shareholders for federal tax purposes. It avoids double taxation as individual shareholders are taxed rather than the corporation. S corporations use Form 1120-S to report ...
The majority of people file a 1040 for their federal tax returns. Corporations (including S and C Corps) - C corporations (Form 1120) also file on April 15, 2025. S corporations (Form 1120S ...
March 17, 2025, is a key tax deadline for businesses, but they can request an extension of time using Form 7004 through ...