Publication 542 (2/2006), Corporations

Attention: This publication will no longer be revised on an annual basis. To find changes that may affect current year returns, see What's New in your income tax return instructions; Publication 553; and What's Hot In Tax Forms, Pubs, and Other Tax Products at www.irs.gov/formspubs. To comment on this revision process, see Comments and suggestions on page 2.

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Introduction

This publication discusses the general tax laws that apply to ordinary domestic corporations. It explains the tax law in plain language so it will be easier to understand. However, the information given does not cover every situation and is not intended to replace the law or change its meaning.

Comments and suggestions. We welcome your comments about this publication and your suggestions for future editions.

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Internal Revenue Service
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Tax questions. If you have a tax question, visit www.irs.gov or call 1-800-829-1040. We cannot answer tax questions at either of the addresses listed above.

Ordering forms and publications. Visit www.irs.gov/formspubs to download forms and publications, call 1-800-829-3676, or write to the National Distribution Center at the address shown under How to Get Tax Help on page 22 of this publication.

Forms. See page 24 for a list of forms that a corporation may need to file in addition to the forms discussed throughout this publication.

Useful Items - You may want to see:

Publication

535 Business Expenses
538 Accounting Periods and Methods
544 Sales and Other Dispositions of Assets
925 Passive Activity and At-Risk Rules

Publication 542 - Introductory Material

Introduction

Useful Items - You may want to see: