15 March 2011
Today is March 15 which means that most corporate taxpayers must file their tax returns (or extensions) by the end of the day. This includes forms 1120 for C corporations and forms 1120S for S corporations. If you’re not ready yet, you can obtain an automatic 6-month extension by timely filing a federal form 7004 [...]
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6 May 2009
Republicans in the Senate have made it clear that they are not fans of President Obama’s proposals to close international tax “loopholes.” Specifically, Senate Minority Leader Mitch McConnell (R-KY) decried the proposal, claiming that, “Amount to a tax increase during a recession, which would likely drive jobs overseas.” Of course, the Obama administration is painting [...]
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