C-Corporation Tax Preparation & Filing
C-Corporations tax returns can be very complicated and errors can result in costly or even legal consequences. Have our certified tax prepare your corporate tax return (Form 1120) and get the peace of mind that your return will be completed promptly and professionally.
What are the benefits of professional tax preparation for my C-Corporation?
C-Corporation Tax Preparation FAQs
- What is the Corporate Income Tax Rate? Effective with the 2018 tax year, the Tax Cuts and Jobs Act of 2017 decreased the top corporate tax rate to 21%. This means one rate for all corporate income tax returns; it is a permanent change.
- When are Corporate Income Taxes Due?Form 1120 must be filed by the 15th day of the 3rd month after the end of your corporation’s tax year. If your corporation has a December 31 tax year-end, you would need to file this tax report by March 15th of the following year. If that due date is a weekend or holiday, the return is due the next business day.
- What is IRS Form 1120? Form 1120 – U.S. Corporation Income Tax Return is the form used to report corporate income taxes to the IRS. Form 1120 is also used to report income for other business entities that have elected to be taxed as a corporation (an LLC that has filed an election to be taxed as a corporation, for example).