It is a duty to file a corporate tax return. Each year, even if the corporation has zero revenue, the tax return has to be filed. Many businesses will electronically file their returns. If your annual gross income does not exceed $1 M you can choose to file paper returns.

The majority of newly formed corporations fail in choosing their financial year-end reporting. Only professionals will assist you in determining the right time to save full taxes. We strongly recommend that you contact us even for a zero return.