Businesses structured as S corporations can deduct payroll tax expenses on line 12 of Form 1120S. Only the employer portion of payroll taxes, not the employee portion, are deductible for the business.

SUMMARY: Under the provisions of the Paperwork Reduction Act, the Regulatory Secretariat Division will be submitting to the Office of Management and Budget (OMB) a request to review and approve an ...

Amazon is testing short-form AI-powered audio product summaries on select product pages, the company announced on Wednesday. The audio summaries are voiced by what Amazon calls “AI-powered ...

After some fits and spurts, it appears Manhattan’s office market might have finally recovered, five years after COVID-19. Things looked promising last year, when office leasing hit a full-year volume ...

ROCK HILL, SC / ACCESS Newswire / March 17, 2025 / Today, March 17, 2025, is another important day in the tax filing season, bringing a critical filing deadline for most forms, including Form 1120 ...

Another critical component of Form 1120-S is Schedule K, which provides a comprehensive summary of the corporation’s total income, deductions, credits, and other tax-related items.

・Form 1120 extended return — October 15, 2025 ・Form 1040 extended return — October 15, 2025 Remember, if you owe taxes, you still must pay any tax due by the tax deadline.

Different tax forms are due at different times throughout the year. For business filings, the major dates to know are: February 1 – Form W-2 and Form 1099-NEC are due March 15 – Form 1120-S ...

Explore the KQ:018310 financials. Find the Sammok S-Form financial statements for a comprehensive overview of the company’s financial health. This summary highlights critical numbers from key ...