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Form 1125-A for Salt Lake Utah: What You Should Know

For more information about the Federal income tax (including the tax on certain retirement accounts) and Form S-Corp, see: What's the IRS doing by sending Form 1125-A to you? IRS uses information provided on Form 1125-A for tax or accounting purposes as the basis for the computation of a tax liability, and for filing a return, or paying or collecting the tax. IRS uses a taxpayer's return (or return for any year for which the person was liable for tax) to establish that the taxpayer has a liability for tax, or that the taxpayer is entitled to refund payments of tax collected. The return may show information about a taxpayer's tax liabilities or payments of tax. What's in the document? Information on how to create a company or S-Corp business entity, as well as business tax and accounting issues. Instructions for determining the tax status of small companies, including advice on the number of employees that can operate under an S-Corp. Instructions (PDF) on how to report and pay federal taxes by way of Form 1065, Information Return for Small Business. Instructions (PDF) on the filing of federal forms with the U.S. Small Business Administration. Instructions (PDF) on how to file a tax return with the Internal Revenue Service. Note: When using the forms below, you must sign and date the forms as the instructions say! IRS and Small Business Administration tax information. Please note that information may need to be adjusted by the Small Business Administration to properly account for S-Corp status. Also note that the S-Corp information should be viewed through the context described in section on using the forms in chapter 4 Using the Forms to File a Tax Return.” If you have any questions about the information on this page, or the information on IRS and Small Business Administration tax information, contact your local IRS office to discuss these topics.

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