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Once you form a corporation in the U.S., you'll need to be mindful of the federal and state tax return filings.

Every U.S. corporation that is taxable as a "C" corporation should file an annual Form 1120 tax return for every year the corporation is in existence. You should even file these returns if the company loses money or has no activity.

In this video, I will address the reasons why filing is so important...

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#Taxes #IRS #Form 1120 #Corporations