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Primer: Corporate Income Taxes Connecticut

If you have chosen to incorporate your business, you must file and pay federal income taxes, and, in many cases, state and local income taxes as well.

Local Companies

Esmerce Bookkeeping Services
914-426-5140
15 Royal Road
Danbury, CT
Ceridian
(781) 213-8476
30 Batterson Park Road, 100
Farmington, CT
Lisern Enterprise
(203) 426-9079
57 Lakeview Ter
Sandy Hook, CT
Adams Nash & Haskell Inc
(860) 673-8867
10 Applewood Ln
Avon, CT
Performance Capital Management
(203) 629-6059
2 Pickwick Plz Ste 310
Greenwich, CT
Integrated Management Services
(203) 221-1732
18 Kings Hwy N
Westport, CT
Graham Group Consulting Llc
(203) 949-1216
23 Village Ln
Wallingford, CT
Jma Capital Llc
(203) 966-7753
17 E Maple St
New Canaan, CT
Morse Marketing International
(203) 256-1880
430 Verna Hill Rd
Fairfield, CT
Lawson and Hoke
(860) 693-6499
14 Spring St
Collinsville, CT



If you have chosen to incorporate your business, you must file and pay federal income taxes, and, in many cases, state and local income taxes as well.

If you are a C Corporation, you will pay income taxes on income left over after business expenses. These taxes are calculated on a sliding scale that usually increases as your income rises. You may also be liable for other taxes, such as personal-holding-company taxes and the accumulated-earnings tax. You should consult with your tax advisor to see exactly what corporate income taxes apply to your company.

If you are an S Corporation, your company, in most cases, will not pay direct taxes. Instead, the income or loss is passed on directly to the shareholders, who pay the tax at the personal rate. Be aware that some states do not recognize S corporation status and tax the company directly. No matter what kind of corporation you are, your federal corporate returns are due a month prior to personal income tax returns -- the fifteenth day of the third month after the company's fiscal year ends. So, if your year ends on December 31, your tax return is due March 15, instead of April 15. Corporate estimated taxes are due on the 15th day of the fourth, sixth, ninth, and twelfth month after the end of the fiscal year. For a year ending on December 31, that would be April 15, June 15, September 15, and December 15.

Featured Local Company

Esmerce Bookkeeping Services

914-426-5140
15 Royal Road
Danbury, CT
Read more about Primer: Corporate Income Taxes

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Related Local Events
Fall Seminar Series - How to Prepare for Year End Tax Reporting
Dates: 11/18/2009 - 11/18/2009
Location: East Granby Public Library
East Granby, CT
View Details
Fall Seminar Series - How to Prepare for Year End Tax Reporting
Dates: 11/18/2009 - 11/18/2009
Location: East Granby Public Library
East Granby, CT
View Details
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