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Il 1120 Form

Il 1120 Form

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What is a W-9 tax form? What is a W-9 tax form?

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Instructions and help about Il 1120 Form

we're going to take a slightly different look at the comparison between form 112h and 1120 that is normally presented the normal presentation is this one right here which shows that hey you pay 4,000 in tax on form 1128 you only pay 2,000 and tax on Form 1120 that's the difference between a 30% tax rate and a 15% tax rate smart move right well not necessarily not if you've got any problems in what you've done and all these problems occur long before you ever file a tax return the most common uh accusation by the IRS is that you didn't F follow the proper procedures for making an election under Revenue ruling 70-604 and they're going to disallow that election and all of a sudden all that income you thought you were going to roll over to the next year gets taxed this year and instead of a tax savings of $2,000 you have an extra tax bill of over $5,000 and it's too late to file form 1120h you're already stuck you're g

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