Corporate Tax Return Project
This assignment requires the completion of a Federal corporate tax return, the 2015 return for the MPC Corporation. The return involves the third year of operations of MPC Corporation. MPC is a C Corporation.
You may prepare the tax return using tax software or use the IRS's "fill-in" forms. The forms may be found by going to www.irs.gov go to - Forms and Publications. Under Forms and Publications there is a link to "previous years" for the 2015 forms. I highly suggest using the tax software in the book- if you don't have the software see me.
FORMS: use the 2015 forms (you can also use 2013 or 2014 forms): do NOT buy the 2015 or 2014 software. You can get old software on Amazon or Ebay.
Instructions:
Complete the corporate tax return for 2015 for MPC Corporation. This may include the Schedules A, C, D, E, J, K, L, M-1/ M-2, 4626 and 1120-W. Be careful about what additional forms are needed.
I am looking for the following (and will grade accordingly) with this assignment:
1. Correct use of the Forms
2. Documentation
For any judgment call you must document your position. A very short summary of facts/ law/ conclusion is required. In the documentation include any questions you have for the client.
Attachment:- Assignment.rar