If you are residing in the USA or are running your company, then you must have heard about Form 1120. However, what becomes tricky here is the fact that there are various types of 1120. 1120-C, 1120-F, 1120-H, 1120-L, 1120-POL, and 1120-S are some of the examples. In this blog, we will be talking about...
Just like any other country, the USA is also strict about the timely submission of taxes and tax returns. This means that any individual, whether resident or non-resident, individual or corporation must fill the tax forms. However, it is not as simple as it sounds to fill out the tax or tax return forms because...
Schedule E is one of the many schedules and helps in explaining the supplemental income/losses occurred to an individual in the US. This schedule is filled and submitted along with Form 1040, used for Federal Individual Income Tax Return. Income or loss from rental real estate, estates, partnerships, royalties, S Corporations, trusts or residual interests...
The tax season is here, and if you own a USA corporation, then you must be aware of Form 1120. But the complexity arises when you realize that there are various 1120 forms and the requirements of all different. So, in this article, we will be covering what is Form 1120, who files it and...
Join 20,000 other people and get answers on how to improve your business, insurance, human resources and more.
©2022 Mercurius Advisory Services. CIN – U74140DL2008PTC177477 | Designed By: Blackbox Business Solutions LLP