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Friday Footnotes: Opinions!; EY’s Blockchain Aspirations; KPMG Junior Reprimanded | 9.30.22

Going Concern

Known for their high-end tax services, TPC is especially strong in corporate tax, serving public and private enterprises. This complements Baker Tilly’s strong corporate tax talent. TPC has incredible talent and a market reputation for excellence,” said Craig Weaver, Baker Tilly Managing Partner – Tax.

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LLC vs. S corp: Which is right for your business and taxes? 

xendoo

However, LLCs have the option to choose a corporate taxation structure with the IRS. Choosing a corporate tax structure can be an advantage for high-income-earning LLC members. Instead of paying the corporate tax rate, shareholders report their share of income and losses on their personal income tax returns.

Tax 52
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LLC vs. S corp: Which is right for your business and taxes? 

xendoo

However, LLCs have the option to choose a corporate taxation structure with the IRS. Choosing a corporate tax structure can be an advantage for high-income-earning LLC members. Instead of paying the corporate tax rate, shareholders report their share of income and losses on their personal income tax returns.

Tax 52
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Tax Deductions Guide 2021

inDinero Tax Tips

After subtracting deductions, you’ll only need to pay taxes for your net revenue. The current business tax rate is 21% at the federal level, plus state corporate taxes that range anywhere from 0-11.5%. Each state has different tax laws , and it’s a good idea for businesses to get advice for tax preparation.

Tax 52
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Business Tax Rates: How Much Do Small Businesses Pay in Taxes?

xendoo

From tax law revisions to the overwhelming number of forms, understanding your small business tax rate and how to file can be difficult. Your business entity type and preferred filing status will also affect your tax rate. For example, LLCs that opt for the IRS to tax them as corporations are subject to corporate tax rates.

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Tax Form 1120 Guide: Everything Businesses Need to Know

xendoo

Filing corporate taxes may be confusing, especially for larger businesses that need to consider depreciation, business expenses, and tax credits. Business tax services with CPAs can file all the tax forms for you, on-time and error-free. . Form 1120 Page 1.

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Former and Current Alliantgroup Employees Speak Out About ‘Evil, Toxic, Emotionally Damaging Company’

Going Concern

Typically, after each corporate tax season in April and October, the company would throw insane rave parties as a thank you for the employees’ hard work through tax season. Discounts on future years’ tax services were offered to clients who continued to raise red flags.