Form 1120-POL is an annual income tax return that must be filed by political organizations and certain exempt organizations to report their political organization taxable income and income tax ...

The Internal Revenue Service has issued for public comment draft versions of revised Form 1120-F, U.S. Income Tax Return of a Foreign Corporation, and related schedules, including Schedule M-3, new ...

Filing a protective form 1120-F solves this potential problem by preserving the ability to deduct normal business expenses if tax is later imposed by the IRS.

The IRS Form 1120-S is a tax … Continue reading → The post IRS Form 1120-S: Small Business Taxes appeared first on SmartAsset Blog.