When C corporations pay dividends to shareholders, the transactions get reported to both the shareholder and the Internal Revenue Service using Form 1099-DIV. This form gives the amount of the ...

The deadline for existing limited liability companies and C Corporations to elect S Corporation tax treatment for the tax year 2022 was March 15. So, what happens if a business missed the S Corp ...

Income taxes are taxes that are collected on the individual earnings of persons or entities. Depending on the jurisdiction, income taxes are calculated and collected ...

The American Institute of CPAs is urging the federal government to keep all Internal Revenue Service employees working for the duration of the shutdown, pointing to the approaching Oct. 15 deadline ...

Forbes contributors publish independent expert analyses and insights. I cover changes and new developments in the federal tax law. In 2015, which is the most recent IRS reporting for all entity types, ...

If you are new to the business world, you may not be fully aware of what S corps and C corps are. You are not alone. Many are unfamiliar with these two basic types of corporations in America. So why ...