April 15th
Federal Tax Return Due Dates Federal income tax return, Form 1120, is due by April 15th for calendar year taxpayers, or the 15th day of the 4th month following the close of the corporation’s fiscal year. Although, for a fiscal year ending on June 30, the filing deadline is September 15th.

How can I reduce my corporation tax bill?

10 Ways To Reduce Corporation Tax

1. Claim ALL business expenses- no matter how small.
2. Claim Mileage.
3. Use a company mobile phone.
4. Throw a staff Christmas Party.
5. Pay HMRC early.
6. Directors should receive a salary.
7. Take advantage of the Annual Investment Allowance.
8. Claim tax relief for Research & Development.

What kind of tax return do I need for a C Corp?

If you’re electing S corp status as a C corporation, you must submit Form 2553, Election by a Small Business Corporation to the IRS, signed by all of your company’s shareholders. If you’re electing S corp status as an LLC, you’ll need to file Form 8832, Entity Classification Election.

What is the Form 1120S for a S corporation?

Form 1120S, U.S. Income Tax Return for an S Corporation is the tax form S corporations (and LLCs filing as S corps) use to file their federal income tax return. 1120S is a five page form from the IRS, which looks like this: You’ll need the following information on hand before filling out 1120S:

Do you have to pay taxes on S Corp income?

S corps don’t pay corporate income taxes, so there is not really an “S corp tax rate.” Instead, the company’s individual shareholders split up the income (or losses) amongst each other and report it on their own personal tax returns.

What kind of tax form does A S corporation use?

S. Income Tax Return for an S Corporation is the tax form S corporations (and LLCs filing as S corps) use to file their federal income tax return. 1120S is a five page form from the IRS, which looks like this: You’ll need the following information on hand before filling out 1120S: