When are c corporations required to make estimated tax

Assignment Help Accounting Basics

Reference no: EM131810434

Your friend, John and Kate, are starting a business together and have asked your opinion regarding whether they should form a partnership, a corporation, or some other type of entity.

Prepare a bullet list of questions you would ask in helping them decide which type of entity is more appropriate.

When are C corporations required to make estimated tax payments? Discuss how these payments are scheduled?

What happens if the payments do not cover the actual tax liability?

Reference no: EM131810434

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