Form 1120S is the tax document for an S-Corporation used to report the income, losses, and dividends of S corporation shareholders. It serves as the corporation's annual income tax return given the S-corporation remains in effect. It is one of the crucial documents required for Covid-19 related tax relief programs.
Processing hundreds of forms manually per day can invite all kinds of manual errors and makes the overall process painfully slow. On top of that, it adds to the overall processing cost.
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Employer ID number
Business activity code
S election effective date
Qualified rehabilitation expenditures
Basis of energy property
Low-income housing credit
Recapture of other credits
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Extract multipage tabes from PDF bank statements and convert them to excel or JSON data for downstream processing.
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