If you extended your S corporation tax return for six months usingForm 7004, September 15 is the extended due date of your return. By this date, you must fileForm 1120Sand provide each shareholder with a copy of theirSchedule K-1to avoid incurring a late filing penalty. March 15, 2021: ...
Taxpayer incurred certain expenses in connection with its operations, which it reported on its Form 1120, U.S. Corporation Income Tax Returns for the years at issue. Among the expenses reported, Taxpayer claimed deductions for depreciation and for charitable contributions. The IRS disallowed all of...
Personal income taxes: An individual can pay the personal income taxes through Electronic Federal Tax Payment System(EFTPS) by filing form 1040/ Excise taxes: These are the taxes a business owner withholds from his customers for buying certain products or services in America. It can be paid onli...
Form 1120-F/Penalties for Failure to Withhold on FDAP/ECI IRS Penalty Disputes Disputes over Assessed and Statutory Interest Disputes over Limitations Statutes, Including Mitigation, Equitable Tolling, Equitable Recoupment, Offset, and Informal Claims for Refund ...
and only individuals who provided informed consent were included in the study. Detailed explanations about the study's objectives, procedures, and potential risks were given to each participant before they signed the consent form. To uphold ethical standards, the study ensured strict data privacy pr...
Although the 2021 tapering had begun, market health indicators continued to improve, reminding us of the times after the first tapering employed to support the economy during the Great Recession. However, this time would be different, as unexpected side effects developed such as the inflation outbre...