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 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 ...