This guide is based on scientific. research on reading and reading instruction, as well as on studies of successful. schools and interviews with successful principals. The most important goal of reading instruction in elementary school is to. help students acquire the skills and knowledge they need to read grade-level.
C Corporations and S Corporations. C corporation and S corporation business owners are required to file their income tax returns on the 15th day of the third month after the end of the tax year. For calendar-year corporations, the return is due by March 15.
Every year your California Corporation must file an Annual Franchise Tax Return with the Franchise Tax Board. Tax: Both C and S Corporations are subject to franchise taxes. The franchise tax is actually a tax of net income and the rate is 8.84% of net income for corporations. S corporations must pay the franchise tax at a rate of 1.5% of net income. California imposes a minimum franchise tax of $800. NOTE: New corporations are subject to the above tax rate with no minimum tax the first year.