Tuesday, February 21, 2012

New for c-corps

C-corps with revenues of $500k+ must disclose officer compensationon the new form 1125-E for tax years beginning in 2011.

The enhanced deduction for charitable contributions of qualified food inventory,  the enhanced deduction for corporate charitable contributions of computers, and the enhanced deduction for corporate charitable contributions of qualified book inventory to public schools expired 12/31/11.

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