A Brief Introduction to Federal Taxation of Businesses

It would be impossible to fully explain the intricacies of the various federal business tax regimes in a blog post. I can assure you, nobody wants to read that. However, I will attempt to briefly introduce some keep pieces of the following business tax regimes:

  • Sole Proprietor (Schedule C of an individual return)
  • C Corporation (Subchapter C - Form 1120)
  • S Corporation (Subchapter S - Form 1120s)
  • Partnership (Subchapter K - Form 1065)
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