1120S | Small Business Tax Filing Preparation

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Duko Tax is your specialized partner for efficient 1120S filings tailored for small service businesses. Our expertise caters to businesses with a gross income not exceeding $250,000. Trust us to navigate the complexities of tax filing, ensuring accuracy and compliance for your specific business needs.

Small businesses are required to submit a 1120S form to the Internal Revenue Service (IRS) on an annual basis. This form serves as a way for these businesses to report their income, deductions, gains, losses, and credits incurred throughout the year. By filing the 1120S form, small businesses are able to determine their overall tax liability and ensure compliance with tax regulations. It is essential for these businesses to accurately complete and submit this form within the designated time frame to avoid penalties or legal consequences. The 1120S form provides a comprehensive overview of the financial status of the small business, enabling the IRS to assess the appropriate amount of tax owed and monitor the company's financial activities.