Corporations can do tax planning to minimize tax liability

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Reference no: EM131192537

Identify two areas on Form 1120 where corporations can do tax planning to minimize tax liability. Examples include Dividends Received Deduction, Net Operating Losses, and Charitable Contributions.

Explain why the two items were chosen and what financial information (i.e. prior year tax returns, possible sales and acquisitions) is useful to help with forecasting. (100 words please!)

Reference no: EM131192537

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