IRS Form 941, also known as the Employer's Quarterly Federal Tax Return, is used when businesses report the income taxes, payroll taxes, Social Security, and Medicare taxes withheld from their ...

C Corps: They file Form 1120, paying taxes on the corporation’s profits. Shareholders then report any dividends on their ...

or S corp, is a type of business structure that combines elements of both a corporation and a partnership, allowing business income and losses to pass through to the individual tax returns of the ...

Income reported on a 1099 form is usually taxable ... But what should you know about them? Here’s a quick guide to help you prepare for the upcoming tax season. A 1099 is a tax document that ...