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7 steps for an accurate and successful corporate tax return filing

ThomsonReuters

As a corporate tax professional, you know the complexities of complying with business taxation requirements. Your company may have to file corporate tax returns in multiple states and local jurisdictions, as well as with federal — and perhaps international — tax authorities. is a C corporation.

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How are S corporations taxed? Tips for filing and reducing taxes as a pass-through entity

ThomsonReuters

Jump to: How are S corporations taxed? How can S corporations reduce their taxes? You may wonder how the S corporation taxation generally works. The following guide offers numerous strategies and tips that owners of S corporations can use to lower their taxes, including deductions and credits.

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The Accountant Shortage is So Bad Anime Waifu Girlfriends Are Taking Up Tax Prep Now

Going Concern

Iris here~ Tax Heaven 3000 is a visual novel dating game that actually prepares your 2022 federal income tax return! It’s always been a dream of mine to meet that special someone…and file their tax return. Tax Heaven 3000 assists a player in creating a self-prepared United States federal income tax return.

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Tax Rates & Reliefs

Inform Accounting

In this blog we set out some of the main tax rates. INCOME TAX The personal allowance and basic rate band threshold are now frozen in place until 5 April 2028. As earnings increase, individuals will move into higher tax bands. Read more of Inform's tax blogs : Struggling to pay tax – What should you do?

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Direct vs. indirect tax: the differences

ThomsonReuters

The differences between direct tax and indirect tax are important to understand. Direct tax is paid directly by the taxpayer to the government and cannot be shifted, like federal income tax. In contrast, indirect tax, such as business property taxes, can be passed on or shifted to others.

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Louisiana Tax Relief Granted by IRS After Seawater Intrusion

CPA Practice

By Katelyn Washington, Kiplinter Consumer News Service (TNS) The IRS has granted Louisiana tax relief to areas of the state impacted by seawater intrusion. Affected taxpayers now have extended tax deadlines of Feb. 15, 2024, to file certain tax returns and make tax payments. 15, 2024, to file 2022 tax returns.

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Nonresident alien tax 101

ThomsonReuters

What is the importance of an income tax treaty? What tax form does a nonresident alien file? Are nonresident aliens exempt from Social Security tax? FDAP — which is passive income such as interest, dividends, rents, or royalties — is taxed at a flat 30% rate, unless a tax treaty specifies a lower rate. .

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