Welcome Guest. Register Now!  



Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old 03-09-2012, 01:19 AM
Junior Member
 
Join Date: Mar 2012
Posts: 2
New Small Business Help

My husband and I started a new small business in May 2011 with a business structure of sole proprietorship. In Dec 2011 we incorporated business as an S corporation. I know that even though we incorporated late (December 28) 2011 we still have to file a 1120S by March 15th or file an extension. My question is for the business activity that took place from the time we opened the company in May 2011 thru Dec 27th 2011, is this activity reported under our personal individual tax return since we were a sole proprietorship for those 7 months?



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
Ads
Reply



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Small Business Start Curtis Medical 1 06-03-2011 10:55 PM
As part of the "Small Business Jobs Act of 2010 Tax Provisions, IRS allows Temporary exclusion of 100% of gain on certain small business stock. TaxGuru General 0 01-31-2011 06:14 PM
Started out a small business Please help! seek4help Sole-Proprietorship 6 03-13-2009 12:10 AM
Latest e-News for Small Business from IRS Samatg Tax News 0 01-21-2009 06:03 PM
What is the best Tax software available for a small business? Sabby Miscellaneous 2 11-25-2007 04:36 PM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning
 
 
 

» Recent Tax Q&A
No Threads to Display.