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Because corporations are businesses with separate legal identities, they must pay taxes on their earnings just as individuals must pay income taxes. Corporate taxes can be very complicated and the laws pertaining to them are very specific. Therefore, it is a good idea to consult with an experienced corporate tax attorney if you are involved in any legal action that concerns corporate taxes.
There are a number of situations that would require the counsel of a corporate tax attorney including:
Corporations are obligated by law to pay taxes and withhold the proper amount of money from employee paychecks. If you have been accused of an offense concerning corporate taxes, it is very important to search for an experienced attorney in your area with a good understanding of the laws regarding federal and state corporate taxes.