Do corporations have similar opportunity

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Compare and contrast individual (1040) and corporate (1120) tax forms. Identify two differences between the form and the current tax rate schedules for individuals and corporations.

Individuals can reduce their taxable income for the prior year in the current year via IRA contributions. Do Corporations have a similar opportunity? Research and provide cite support for your answer. (100 words please!)

Reference no: EM131193360

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