Money Snatchers

CARGUI99 asked: Should I form a partnership, C corporation or S corporation ? Tax purpose, Tax advantages

psu176 asked: We received our articles of incorporation approval in mid-nov. We received our FEIN under the assumption of starting by mid Dec. Unfortunately, we had to push back that date to March 1st. Now we had already received the paper stating that we had to file our corporation tax by March.Do we still [...]

dsert_fox asked: Can a corporation buy a house in cash for business reasons and write-off the amount? For example, your corporation, let’s say you own this corp. with only 5 investors, makes $2,000,000 a year gross. The corp. buys a $500,000 house. Can they tax deduct that $500,000?

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

Joy asked: The fiscal year of the corporation is 3/1, I was told the corporation tax due 5/15. can I file my personal tax by 4/15 or I have to wait after the corporation tax is done? thanks.
How about the profit of the corporation? Does it have anything to do with the my personal tax? [...]

tomghile123 asked: I have a real estate business in Florida under S Corporation. I live in California and work full time for a major corporation and earn wages income in California. My questions are:
1. Will I be able to write off my losses (if I lose money) on my CA state and federal taxes?
2. Do [...]

mama asked: what iam asking is under what rules is corporation tax charged in uk and what is included in the revenues to be charged

Becky; ♥ asked: I understand that it is only paid by limited companies, but what is the definition of a limited company? And how come you end up saving money? Do u not have to pay income tax aswell if your a limited company? Help please!
And how do you reduce the amount of corporation tax [...]

Marcus asked: I’m pretty sure the answer to this must be yes, but I just want to be sure.

malhari h asked: Also if i have home loan also i am paying rent as i am living some where else is both can have benifit from income tax