S Corporation Articles provided by Tax Moms & Mr. Tax Moms

Main Menu

Recorvery Rebate Credit
Mileage Deductions
Car Donation Deductions
Bad Debt Right Off
Hybrid Cars Deductions
Tax Cash Today at Western Union
CPA Moms - Services Offered
Tax Preparation
Electronic Filing
FREE IRS Forms
Enrolled Agents
Tax Moms
Recovery Rebate Credit
CPA Moms
Representation before IRS
Non Profit Tax Services
Accounting
Bookkeeping
CPA Loan Letter
$7500 Downpayment for your Home
Home of S Corporations
S Corporation News
S Corporation Articles
Additional Resources
Want to Join the Moms?
S Corporation Blog





Death & Taxes

We have Information to Help You with Either

Got a Question?

Ask a CPA Mom, the service is FREE


Need Some Help?

List of Tax & Accounting Services we Offer


IRS wants you to retire Financially Free! We will answer your questions and give you options about how to become Financially Free when you retire

Tax answers/options when you sell your Home. We will answer your questions about the tax free home sales and give you options on tax free exchanges

So, You got a letter from IRS? We can help. Letters from IRS are scary. We will answer your questions at no charge.

S-Corp, LLC, C-Corp, Partnership - Your Choice? Selecting the correct Business Entity is confusing. We will give you the tax options of each Business Entity.

How not to pay taxes when you sell income property. We will explain how to do a tax free exchange & not pay taxes when you sell your income property.

To donate or pay for Services - Please click on Paypal Logo below


Donate with any of the Credit Cards Listed Below
OR
If you have a Tax Refund - Donations can be withheld from the Refund



Official PayPal Seal


IRS Electronic Filing Indentification Information. Zip code is 80110. Last on list


 







If you are an S corporation use the information in the charts below to help you determine some of the forms that you may be required to file.


If you are an S corporation then you may be liable for... Use Form...
Income Tax

1120S (S corporation)

Estimated tax 1120-W (corporation only) and 8109

Employment taxes:

  • Social security and Medicare taxes and income tax withholding
  • Federal unemployment (FUTA) tax
  • Depositing employment taxes

941 ( 943 for farm employees)

940 or 940-EZ
8109

Excise Taxes  Refer to the Excise Tax web page

Corporation and Its Juridical Entity
Atty. Gabriel Cosh

When man began relationship with his or her comrades, he or she made it sure that whatever agreement that may be arrived at by and between them would be considered as formal and that no one would be justified in running against such pact. So serious is this goal in fact that man found every ways possible of making his or her relationship and business actions with another individual as organized.


Business organizations have been a common sight in our industrial system and economic arena today. Business organizations have actually played vital roles in the economic system that we deem efficiently run today. There are several advantages in the formation of a business organization these same advantages have actually lured many business enthusiasts in establishing several types of business organizations.


One popular example of a business organization is a corporation. Corporation establishment has been so evident in our present day. Actually, it has been fostered by the Securities and Exchange Commission because of its efficiency brought to exchanges and transactions. A corporation is one composed of several individuals, which upon compliance with all the essential requisites for its formation, already becomes an entity of its own independent from all the other people forming it. Independence meaning that a corporation is already a legal entity having all the rights and privileges as if having an existence of its own.


The importance of a corporation having such a characteristic is that it may acquire properties, file suits, enter into transactions, and have ample resources necessary for its existence. So independent in fact that an officer of a corporation acting on his official capacity as a representative of the corporation and having appropriate authority to do so, cannot be held liable for his acts because his acts are considered as that of the corporation and not his own. This same principle is true as regards the properties owned by a corporation. Any property or financial resource owned by the corporation is viewed as property solely owned by the corporation and not by the persons forming it, notwithstanding the fact that the people forming the corporation are actually the same persons who contributed the same, and vice versa of course.


If you would like to acquire additional information as regards the establishment of a corporation feel free to contact any of our corporate attorneys, all the necessary information as regards the establishment of the same to include documentary and financial requirements, and all the rights and obligations of a corporation upon its formation are available with them.


For more information about Corporation Establishment and on other business law issues, please log on to www.expertlosangelesattorney.com


Atty Gabriel Cosh is a legal advocate and a pratitioner of law for over 10 years now. He is also an expert in the field of social legislation and personal injury cases.

Corporation - What Is It?
Simply put, a corporation is a form of business entity. You probably already know this, so this article delves into a few of the particulars.Separate EntityFor legal purposes, a corporation is considered...
I Comply, You Comply, We Comply ... Are You Sure?
Failure to follow corporate formalities may expose corporate officers, directors and shareholders to personal liability. Maintaining good records, including corporate minutes, on a timely basis goes a...
Should You Incorporate Your Business?
A common question among people starting a business whether or not they should incorporate. Incorporation means that your company is a separate legal and financial entity from yourself. Legally a corporation...
Advantages of Incorporating
Advantages of Incorporating In our competitive era, small businesses are in most cases no longer economically viable. People that start a small business are often too concerned about administrative issues...
Business Incorporating
Business incorporating can bring with it a number of benefits to your company. If you are seeking those benefits inherent in business incorporating, you will want to go beyond the benefits to learn the...
Four Dumbest S Corporation Setup Mistakes
I see and hear about a lot of dumb S corporation setup mistakes. Some of the mistakes are made by entrepreneurs and investors trying to save money on accountants and attorney fees. And I guess thats okay--albeit...
Tax Advantages Of Incorporating A Business
The tax advantages of incorporating a business is one of the main reasons that owners choose to incorporate their businesses, no matter what market they work in. Other types of businesses, such as sole...
LLC vs Corporation: Which Is Best?
Taking the step beyond having a sole proprietorship is a good idea for nearly any business. After all, as the owner of a sole proprietorship, you and your business are considered to be one and the same....
Incorporating Your Small Business
Incorporating Your Small Business Having a self-sufficient business is probably one of the most common of dreams. Even more so incorporating small businesses into big businesses with larger perspectives...
S Corporations - Filing The Election
Getting a corporation designated as an "S" can be a bit confusing. If you are committed to getting an "S" corporation, here is how you do it. "S" CorporationThe "S" in S corporation refers primarily to...