S Corp Taxes

S Corp Taxes

Blog Article

CPA CLINICS provides you with transparent pricing and is amongst the lowest priced service. Only S corporations can file Form 1120 S. To qualify as an S corporation, the business must meet certain requirements, such as having no more than 100 shareholders, having only allowable shareholders (individuals, certain trusts, and estates), and having only one class of stock. The tax year for an S corporation is usually the calendar year (January 1 to December 31).

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