The Schedule L is a two-year comparison of the company balance sheet according to the accounting records. If information is entered incorrectly on the main Form 1120S or Schedule M-1, Schedule L ...

Tax preparers of IRS Form 1120S for a subchapter S corporation are required to do an annual calculation to reconcile the corporation's balance sheet on the tax return, Schedule L, with the net ...

Continue reading → The post IRS Form 1120-S: Small Business Taxes appeared first on SmartAsset Blog. ... There are several Schedules that you may need to add to Form 1120, including: Schedule B: ...

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 ...

The purpose of this form is to report the income, gains, losses, deductions, credits, and to figure the US income tax liability of a foreign corporation. 1120-F is also used to claim any refund ...

The first two years of corporate income tax returns requiring Form 1120, Schedule UTP, Uncertain Tax Position Statement, have been filed, and the IRS has described first-year returns and provided ...