Tag Archives: Blended Tax Rate

IRS : Blended Tax Rate

By | May 8, 2019

Many U.S. corporations elect to use a fiscal year end and not a calendar year end for federal income tax reporting purposes. Due to a provision in the TCJA, a corporation with a fiscal year that includes Jan. 1, 2018 will pay federal income tax using a blended tax rate (click here) and not the flat… Read More »