Lakeland Florida Form 1120-C 2024-2025

Lakeland Florida Form 1120-C: What You Should Know

HOA and Condo Associations that do not have their own business income taxes pay taxes on property, profits, and other profits to the HOA and/or condominium association.  As mentioned earlier, HOA and Condo Associations pay taxes on owner's dividends and then a second tax is paid on owner's dividends. You may also be entitled to tax deductions based on your property and other profits in addition to any taxes due. Please contact your local tax specialist for further details. Florida Corporate Income/Franchise Tax Return Filing: Tips for Success 1. Be sure to keep records such as W-2s and Form W-9s. 2. Fill out and sign any forms, schedules, and attachments that are submitted to you during the tax preparation process. 3. Ensure you read instructions and FAQ's before completing a return. 4. Make sure to submit forms by the due date(s)!  You may even be entitled to tax deductions based on your property and other profits in addition to any taxes due. Please contact your local tax specialist for further details. Firm Overview Lighthouse Consulting Group, LLC is an EY professional corporation in Lakeland, FL. As a tax preparation firm, Lighthouse does custom tax preparation and related services. We represent and assist businesses, individuals, and other taxpayers both locally and throughout the U.S. We are proud to provide the best in customer service, exceptional execution, excellent integrity, and prompt results. Read more about our client list.

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