Students may wish to play learning games with their friends to help make the time fly by and make learning more fun. Over the summer, students and parents who practice the above tips can see great strengthening and improvement in scholastic skills, and avoid digressing two to three months in learning.
The C Corporation return is due 3 Â½ months after your fiscal year end. So, if your year-end is December 31st, you need to file as of March 15th, or file for an extension using Form 7004. The C Corporation likely doesnât have a calendar year-end, though. Thatâs one of the big benefits of the C Corporation.
Business Structure and Taxes. For federal tax purposes, corporations come in two basic flavors: S and C. An S corporation passes its net income on to shareholders, who report that income on their individual tax returns. A C corporation pays taxes on the net income reported by the business. The federal corporate tax rates as of 2012 ranged from 15 percent on net income up to $50,000 to 38 percent on net of $15 million and above. Once a corporation reaches $18,333,333 in net income, the tax rate falls back to 35 percent.