Taxation - S corporation

• Processing of summery of the major items of income and deductions
• Processing of schedule A - Cost of goods sold
• Processing of schedule B - Other information
• Processing of schedule K- Shareholders share of income credits , deductions etc.
• Processing of schedule L - Balance sheets per books
• Processing M-1- Reconciliation of income (loss) per books with income (loss) per return
• Processing M-2 Analysis of accumulated adjustment account , other adjustments account , and shareholder undistributed taxable income previously taxed