Form 1120-S – An Overview Form 1120-S is used by businesses elected as an S-Corporation to report the profit, losses, and other financial activities for that tax period. This form is also used to report to the IRS what percentage…
Category: Tax Deadlines
The primary role of every U.S. citizen including individuals, and businesses is to pay their tax dues and report their financial activities to the IRS every year. As the 2022 year-end is fast approaching, you must get ready for meeting…