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)

Business, TaxationAndrew HillJune 21, 2016Andrew Hill Legal, LLCtaxation, business, corporations, partnerships, sole proprietor, brunswick, Maine