corporate tax return

Company's tax paperwork

A corporate tax return is the annual document a corporation files with tax authorities, reporting income, expenses, deductions, and credits to calculate taxes owed.

In the U.S., this is typically IRS Form 1120: The accountant filed the corporate tax return before the April deadline.

Unlike individual returns, corporate returns reflect business operations rather than personal income.

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depreciation · statutory requirements · capital gains · retained earnings · bean counter · deductions · credits · stress · general ledger · file · paper trail · bottom line · audit · cash flow statement · fiscal year end · filing deadline · pen · deadline

Opposites
taxpayer entity type

corporate tax returnForm 1040

Federal income tax return

Schedule C

tax obligation vs. exemption

corporate tax returntax-exempt status

Freedom from revenue levies

Family

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