<<<<   Return To Blog Home

What To Know About Filing Your 1120 Form Online

August 2, 2019

No matter how long you’ve owned your business, you may not fully understand all the complexities of filing your business taxes. As you begin the process of filing your corporate taxes, let’s take a closer look at when and how to file IRS Form 1120 online. By the end of this post, you’ll understand how Halon Tax can help you file your taxes online.


What is Form 1120?


Form 1120 is a tax form used by businesses and LLC corporations to compute tax liability for the tax reporting year. It should be noted that unlike personal taxes, business taxes are paid in the form of estimated tax payments on a quarterly basis. The final 1120 form allows your business to make the final payment and claim potential credits.


What Do I Need to File It?


While many businesses will trust their taxes to an accountant or a tax firm, your business can certainly file taxes on your own terms. Regardless of how you choose to file, you will need to know several key pieces of information. This includes your Employer Identification Number or EIN, the total amount of assets that your company holds, total annual income, tax deductions, and tax credits claimed. If you have been using TurboTax or another online bookkeeping program,most of this data will already be filled in for you.


Fun fact: Halon Tax works seamlessly with TurboTax and other programs!


When is Form 1120 Due?


Form 1120s that have been filed for the 2019 fiscal year are due on April 15, 2020.


What Are the Benefits of Using Halon Tax to File Form 1120 Online?


Running a business is complicated enough without having to worry about filing business taxes correctly. By using Halon Tax, you can trust that your IRS Form 1120 will be filed correctly the first time. Once you’ve entrusted your business taxes to Halon Tax, our team of accountants will get to work on expertly filing our return.


Before your Form 1120 is submitted online to the IRS, your return is reviewed by at least three certified CPAs from our team. Many of our CPAs are former IRS tax agents who understand the tax codes inside and out. Their careful attention to detail will maximize your credits while minimizing your risk.


When you’re ready to remove the stress of filing your Form 1120, Halon Tax is here to help!

Your Sole Proprietorship Could Put Your Family At Risk!

If you have what is called a "naked" sole proprietorship, you may be putting your assets and family in danger.
To see if you have your business setup correctly, and to learn how to fix your current businesses structure, download our free ebook:
Download eBook

Clients of Halon Tax Grow Their Revenue by 18%/yr on Average

Want to hear more about how we help small business owners?

Thank you! Your submission has been received!

Oops! Something went wrong while submitting the form

Christopher Ragain, CPA

Christopher Ragain, CPA is the founder of Halon Tax and one of the industries top authorities on micro-business taxation and tax planning.

Related Posts

Stay in Touch

Thank you! Your submission has been received!

Oops! Something went wrong while submitting the form