Tax Requirements S corp and C corp

A good tax structure, tax organization, and tax advantages all assets of corporations.

How to file taxes for corporations:

C corp

• File IRS Form 1120 (even if the corporation stops business).
• Must file by 15th day of the 3rd month.
• Must make installments payments of estimated tax if it expects its total tax for the year.

S corp

• File Form 1120 regardless. Loss/ profits are passed through to shareholders and reported on the shareholder's schedule K-1.
• By March 15th deadline. Estimated Tax: shareholders are responsible for payment of estimated tax on their tax returns.

Note: I am not an attorney and I cannot give legal advice. This is what i have done for myself in setting up my corporation and taxes completed.