The Internal Revenue Service has issued for public comment draft versions of revised Form 1120-F, U.S. Income Tax Return of a Foreign Corporation, and related schedules, including Schedule M-3, new ...
In January, the Internal Revenue Service announced plans for a new schedule to accompany the Form 1120, U.S. Corporation Income Tax Return. Schedule M-3, Net Income (Loss) Reconciliation for ...
An S corporation is a peculiar business, from a tax perspective, that can be complicated for a small business. An S corporation does not pay payroll taxes or taxes on all its income, as these tax ...