Business & farm


@E32038 wrote:

I thought I was good at taxes, but since I started this LLC, filing as a S-corp, I'm realizing I don't know anything. 🙂 


 

In my opinion, corporate returns are not a Do-It-Yourself kind of thing.  There is too much to know and too much to mess up.  If that corporate return is late, you are already looking a penalty.  In my opinion, you should really consider going to a good tax professional.  Doing this yourself will often lead to higher taxes, penalties and increased likelihood of an audit.