Technical topics regarding tax preparation.
FTA for S-Corp w/FTF and payroll penalties
15-Jan-2020 10:27pm
Does the FTA apply to the 1120-S FTF penalty and 941 & 940 penalties separately?
For example, would a penalty on a 2017 940 affect the ability to apply the FTA for 2018 1120-S FTF? Or are each tax returns considered on their own?
15-Jan-2020 11:23pm
Yes
Pick which one provides the most relief and use it there.
Powered by phpBB © phpBB Group.
phpBB Mobile / SEO by Artodia.