A5.   The IRS has been working with the Federation of Tax Administrators (FTA) and 26 state tax agencies on a joint project to develop a new fed/state electronic filing system. IRS will implement the new system in 2006, and many states likewise expect to implement electronic tax filing programs. Check with your State tax authorities for specific information about state electronic filing options available to corporations. 

A short period franchise tax return may not be required when there is a change in ownership unless there has been a subsequent change in accounting periods. Normally, the prior and present owners pro-rate the taxes during the course of the sale of the business.

You can file any time between January 11, and October 15, 2008. However, if you file after April 15, 2008, you must file a federal extension with the IRS. Wisconsin TeleFile and Free-File are available from January 7 through October 15, 2008.

Electronic filing is the best way to file an error-free return and receive an income tax refund faster. Taxpayers are encouraged to file via the District's Electronic Taxpayer Service Center or federal/state e-File. View more information on electronic filing.

The CRA will be inviting most taxpayers to use NetFile to electronically file their income tax returns. To find out if you're eligible, check for your personalized Web Access Code (WAC) on the mailing label of your annual tax return package. If you have not received a tax package, or if there is no WAC visible, contact the NetFile Help Desk at 1-800-714-7257 to have one assigned to you. With this WAC, using NetFile is a snap, so long as you are fully eligible under the CRA requirements.

Currently, we do not offer electronic filing for Minnesota S corporation returns. We are working to be able to offer electronic filing in the future.

No. Wisconsin is a "piggyback" state. This means that Wisconsin's electronic filing program works in conjunction with the federal electronic filing program. If you file online or through a tax preparer, you can file both your federal and state income tax returns together. If you e-file your federal return, you can still e-file your Wisconsin return at a later time, if your software supports state-only returns.

A24.  Amended returns filed prior to January 8, 2007 will need to be filed following the existing paper process.   Beginning January 8, 2007, taxpayers may use Modernized e-File (MeF) to amend returns for tax years ending on or after December 31, 2005.   

Your permanent residence was in the District of Columbia for either part of or the full taxable year. You lived in the District of Columbia for 183 days or more during the taxable year, even though your permanent residence was outside the District of Columbia. You were a member of the armed forces and your home of record was the District of Columbia for either part of or the full taxable year.

Calendar year taxpayers must file no later than April 15th. Fiscal year filers must file no later than the 15th day of the fourth month following the close of their taxable year.

Yes. All F-1 students who have been present in the United States for five different calendar years or less must file a United States tax return each year. Instructions and forms are available at International Student Services (ISS) each year in March.

Electronic filing offers the taxpayer many benefits that cannot be achieved through paper filing, such as: If you owe, you can choose direct debit withdrawal from your financial institution. That allows you to select the date you want the transaction to take effect (up to April 15) without having to worry about writing and mailing a paper check.

Yes.? To comply with federal law, your corporation must file a tax return within 75 days of the end of its fiscal year, whether it is a C corporation or an S corporation. A C corporation must file a federal tax return because a C corporation is taxed on its net income.? An S corporation, even though it pays no taxes on the corporate level, must also file a tax return for reporting purposes.

Sometimes. A corporation incorporated in another state, a "foreign" corporation under Georgia law, should review the provisions of O.C.G.A. 14-2-1501 (profit) or O.C.G.A. 14-3-1501 (nonprofit). These laws provide that a "foreign corporation may not transact business in this state until it obtains a certificate of authority from the Secretary of State." However, each statute lists a number of activities that "do not constitute transacting business.

O.C.G.A. 14-2-1502 (profit) and 14-3-1502 (non profit) list the "consequences of transacting business without authority." One possible sanction is that a corporation that should have obtained a certificate of authority, but does not, may not be able to file a lawsuit in the State of Georgia. A profit corporation that begins transacting business in Georgia and later decides it must file with the Corporations Division must pay $500 penalty.

Every resident or part-year resident of Walker, including renters, who had taxable income in a tax year must file a return by April 30 of the following tax year. Married persons may file either a joint return or separate returns.