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Corporate Tax Return Form 1120 Problem
On February 12, 2003, Nancy Trout and Delores Lake formed Kingfisher corporation to sell fishing tackle. Pertinent information regarding Kingfisher is summarized as follows:
Required: Prepare a Form 1120 for Kingfisher for tax year 2015. You can download the forms from IRS.gov.
Analysis of Tas Return: As you review the tax return and information, what tax planning recommendations do you have for this business? Are there any tax planning tips you have for these owners to reduce their income tax in future years?
Attachment:- Assignment Files.rar
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