In the third of a three-part series, Damien Martin and Tony Nitti of EY discuss their top tax cases from 2024, focusing on ...

And, unlike an S corp, shareholders in a C corporation cannot deduct business losses on their tax returns. An S corporation is another type of business structure that allows a company to pass its ...

The Tax Adviser—the magazine of planning, trends, and techniques—reports and explains federal tax issues to tax practitioners.

Must file Form 100 (California Corporation Franchise or Income Tax Return) annually, reporting all income and paying the applicable taxes, including the minimum franchise tax. Foreign corporations ...

Corporations operating in New Jersey must file a corporation business tax (CBT) return annually, reporting their taxable net income and determining their total tax liability. New Jersey uses a ...

In each of these forms of business, taxes are passed through to the owners, who then report the income or loss on their own ...