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...
1120S (S corporation)
||1120-W (corporation only) and 8109|
- 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
||Refer to the Excise Tax web page|
The original fast food in the Philippines
If you've been to the Philippines and asked most of the children where they
want to go after Sunday mass, there's probably going to be a chorus that
would sound something like "Jollibee!" The Jollibee Food Corporation has
been serving meals to the Filipino people for as long as I can remember, not
only did they serve food but the Jollibee Food Corporation served their
customer smiles for every bite they took. With the phrase "Langhap sarap"
they told all those who ate that they'd be full just by the scent of their
product, and captured the hearts and taste buds of millions. Jollibee Food
Corporation takes great care on how they serve its loyal customers,
continually bettering itself to serve the needs of the people who patronize
Jollibee. The Jollibee Food Corporation is truly a Filipino entity,
embodying the values that all of us hold. Putting emphasis on the family,
Jollibee encourages strong family bonds. Jollibee Food Corporation makes
sure that its facilities are conducive for families spending time together
and more often than not this is where most Filipino families spend their
days off with their kids just eating and playing around. Some might say that
all of these are just hypes created to keep the profits rolling in, and no
one can blame them because although they are values oriented the Jollibee
Food Corporation is still running a business. The main point is the Jollibee
Food Corporation does business with clear values in mind helping create a
better environment for families to be together in. For more "Langhap Sarap"
information just log on to http://www.expressregalo.com.
Tax Benefits of A "C" Corporation - Funding
If you are going to form a corporation, you might be surprised to learn a "C" corporation comes with a lot of tax benefits. While this article isn't intended to replace the advice of a good tax professional,...
BusinessWay Announces Sale of PC Division
For Immediate release Sector: Computers, Internet, Retail, Software MONTREAL, Quebec May 19, 2003 - BusinessWay International Corporation (OTCBB:BITL) today announced the disposition of its entire Personal...
How To Incorporate Yourself Without a Lawyer
How To Incorporate Yourself Without a Lawyerby J. Stephen PopeYou could save hundreds of dollars by incorporatingyourself without a lawyer. How? Is it advisableto do so?1. This is Not Legal Advice!The...
California Limited Liability Company - An Overview
Many people are surprised to learn that the LLC business entity is a fairly recent phenomenon. Wyoming was the first state to legislate the creation of LLCs in 1977. Most states didn't jump on the LLC...
Why Millionaires Don't Fear the IRS
So you've finally done it: you started your own business. You're making money and feeling great, maybe even enough to buy that new car or home you've been coveting. But wait! What about Uncle Sam? Doesn't...
Why Should You Incorporate Your Business?
If you do well with your business, you may want to incorporate it. There are many advantages gained by incorporating. For one, if (and this is a BIG if, but you never know), if you are ever sued, your...
Subchapter S Corporation Tax Status
Overview of the Subchapter S Corporation Designation
Although the term Subchapter S Corporation sounds as if it applies to a certain type of company, in actuality, it is merely a term used by the IRS (Internal...