Form 1120-S is the tax return for S corporations. As such, it is used by S corporations to report their income, profits, losses, tax credits, deductions, and other information to the IRS.

The Internal Revenue Service has released draft revisions of the Corporate 1120 and Partnership 1065 tax forms, along with related schedules, for public comment. The revisions include a new Schedule B ...

ROCK HILL, SC / ACCESSWIRE / February 17, 2022 / On March 15, 2022, S-Corporations will be required to complete and file their business income tax Form 1120-S with the IRS. For all businesses that ...