Money Snatchers

Roland D asked: I am helping a friend file his taxes for a small family-owned-business and am unsure of which form I need for his S-corporation. I know what info I need for the form but am unsure exactly what goes where on the form as well. Any help would be greatly appreciated.

l0gjammin asked: If so what are those benefits?

fsquiabro asked: The reception would be for the funeral of the owner.
Would the LLC be required to fill out a W9 form?

liam c asked: Is it true that US corporations declare their profits in Ireland to avoid paying higher tax in the US, and is it true that the US govt. would like to see Ireland raise corporation tax rates?

Brian asked: If a New York S Corporation has done no business whatsoever in a tax year is it still a requirement to file?

ifoyo asked: Since corporations simply pass the tax on to the consumers as higher prices for their product, How does that help the country? It is actually a disguised tax INCREASE. Obama’s PLAN.

Dan P. asked: Can a tax-exempt 501c3 corporation ONLY disburse funds for the following 2 reasons :
1)To pay legitimate liabilities of the corporation. i.e. business expenses or purchases of fixed assets.
2)To donate monies to another tax-exempt organization
(ie once monies enter a 501c3, they stay with that organization or go to another tax-exempt 501csorganization).
So [...]

jtesta46 asked: I used my personal savings to open a new location for my s-corporation. Can I deduct the money I spent on my personal tax return?

De boy asked: Assume that in the next Budget the Chancellor cuts the main rate of Corporation tax to 25% (from 30%), reduces the standard rate of income tax to 20% (from 22%) and increases the higher rate of income tax to 50% (from 40%). In addition assume that 100% writing down allowances are introduced [...]

samxli asked: Some executives from top companies only claim $1 annual salary. So then where does most of their spending money come from? If it’s from stocks and investments, don’t they need to liquidate that? How does this create a tax advantage?