Estimated tax is the method some employers use to pay income taxes. When paying income taxes, there are two methods allowed by the IRS; the withholding method or, you guessed it, the...
Due to the coronavirus pandemic, the IRS recently announced a 90-day tax payment extension in the U.S. For most Americans, it can be confusing as to what it covers and what the extension...
One of the complicated parts of managing your business is knowing and satisfying your tax responsibilities. Unlike personal income tax returns, which are usually completed with certain...
Posted by David Macgregor on 06/15/2020
A consolidated tax return is a corporate income tax return of an affiliated group, who elect to report their combined tax liability on a single return. How To File A Consolidated...
Posted by Global Accounting on 02/25/2019
Are you operating one single “owner” company or a member limited liability company? Thinking of making some multi-member LLC? In both ways, you are likely to face questions...
Consolidated returns are corporate tax return of affiliated groups. These groups elect to report their tax liability of a return. A consolidated income tax return syndicates the responsibility...
Posted by ALJ Business Services,LLC on 07/30/2018
Since there are different ways to prepare and file your taxes, it’s important to first look as to what type of business you're running. If you’re a sole proprietor...
There are several tax benefits once you decide to have your business become an S Corporation. It saves the double taxation issues that a shareholder in a corporation normally encounters....
Posted by Tax Solutions & Accounting Services on 03/11/2018
Corporate taxes are collected from the businesses of different sizes and they have constituted to be third biggest entity for the states to collect revenue after individual taxes and...
Posted by Duce Taxes & Accounting on 03/05/2018