C-Corp Tax Return Preparation in Oradell, NJ (Form 1120)

C-Corp Tax Return — Marion Tax Service, Oradell NJ

C-corporations are taxed as their own entity — profit is taxed at the corporate level on Form 1120, and again at the shareholder level when it’s paid out as dividends. Marion Tax Service prepares the federal 1120 and the New Jersey CBT-100, and plans around that double-taxation structure so it works for you rather than against you.

For most small Bergen County businesses an S-election is the better fit, but C-corp status genuinely makes sense in some cases — outside investors, retained earnings for growth, or specific fringe-benefit goals. We file it correctly and tell you honestly whether it’s still the right structure.

What’s Included

C-corp preparation covers the full federal-and-state filing:

Federal Form 1120 U.S. corporation income tax return
NJ CBT-100 New Jersey Corporation Business Tax return
Owner-officer compensation planning to manage the double-tax bite
Depreciation, Section 179, and fixed-asset scheduling
Retained-earnings and accumulated-earnings review
Dividend reporting coordinated with shareholders’ personal returns
An honest entity-structure review — whether C-corp still serves you

Who It’s For

C-corp preparation fits the specific situations where the structure earns its keep:

Investor-Backed Companies

Businesses that took outside investment requiring C-corp structure.

Growth Reinvestors

Companies retaining earnings to fund growth rather than distributing profit.

Established C-Corps

Corporations already taxed as C-corps that need accurate 1120 and CBT-100 filings.

Fringe-Benefit Planners

Owners pursuing specific benefit strategies that favor C-corp treatment.

Why Marion Tax Service

The double-taxation question is the whole game with a C-corp, and 50+ years of experience is what keeps owner salary, dividends, and retained earnings balanced so you don’t pay twice unnecessarily.

We’ll also give you a straight answer on whether a C-corp still fits — many small businesses are better served by an S-election, and we’d rather tell you that than file the wrong structure year after year.

Related services: C-Corp Formation S-Corp Returns Tax Planning.

Questions & Answers

Frequently Asked Questions

What is double taxation and does it apply to me?

A C-corp pays corporate tax on its profit via Form 1120, and shareholders pay tax again when that profit is distributed as dividends. It applies whenever a C-corp distributes earnings. We plan owner compensation and timing to manage it.

When is the C-corp return due?

Calendar-year C-corps file Form 1120 by April 15 (with the NJ CBT-100 alongside). An extension moves the filing deadline, but any tax owed is still due by the original date.

Should I be an S-corp instead?

Often, yes — for many small businesses an S-election avoids the corporate-level tax entirely. We’ll compare the two for your numbers and tell you honestly which structure costs you less.

Do you handle the New Jersey corporate return?

Yes. The NJ CBT-100 is filed with the federal 1120, including New Jersey’s minimum tax and any applicable surtax.

C-Corp Tax Return Preparation in Oradell, NJ