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2. S corporation - Wikipedia

   en.wikipedia.org/wiki/S_corporation

   An S corporation (or S Corp), for United States federal income tax, is a closely held corporation (or, in some cases, a limited liability company (LLC) or a partnership) that makes a valid election to be taxed under Subchapter S of Chapter 1 of the Internal Revenue Code. [1] In general, S corporations do not pay any income taxes.

3. Corporate tax in the United States - Wikipedia

   en.wikipedia.org/wiki/Corporate_tax_in_the...

   U.S. corporate income tax return form 1120. [80] Corporations subject to U.S. tax must file federal and state income tax returns. [81] Different tax returns are required at the federal and some state levels for different types of corporations or corporations engaged in specialized businesses.

4. IRS tax forms - Wikipedia

   en.wikipedia.org/wiki/IRS_tax_forms

   Form 1120-C, U.S. Income Tax Return for Cooperative Associations, is used by cooperatives for tax returns. Form 1120-H, U.S. Income Tax Return for Homeowners Associations, is used by condominium and housing associations for tax returns. Form 1120 (officially the "U.S Corporate Income Tax Return") is one of the IRS tax forms used by corporations ...

5. Tax Season 2024: 5 Changes That Small Business Owners ... - AOL

   www.aol.com/tax-season-2024-5-changes-150025033.html

   That includes the bipartisan Tax Relief for American Workers and Families Act, which was passed in the House on Jan. 31, 2024, and would be retroactive if signed into law soon, explained Wheelwright.

6. Important changes you need to know about this 2024 tax season

   www.aol.com/important-changes-know-2024-tax...

   The IRS is raising tax brackets by 5.5%; a financial expert says this could mean you will owe less in taxes or see a bigger refund. Important changes you need to know about this 2024 tax season ...

7. 2024 Tax Brackets and Income Rates: Find Out Where You ... - AOL

   www.aol.com/2024-tax-brackets-income-rates...

   In 2024, federal income tax rates remain at 10%, 12%, 22%, 24%, 32%, 35%, and 37%. While these rates stay the same for 2025, the income thresholds for each bracket will adjust for inflation.