Corporations must fill out Form 1120-W if they expect to owe $500 or more in taxes next year while other business types use Form 1040-ES if they expect to owe $1,000 or more. Step 5. Visit IRS.gov and select an authorized e-file provider. Follow the provider's instructions to submit your tax return to the IRS.
Profitability is the ability of a business to earn a profit. A profit is what is left of the revenue a business generates after it pays all expenses directly related to the generation of the revenue, such as producing a product, and other expenses related to the conduct of the business activities.here are many different ways for you to analyze profitability. This lesson will focus on profitability ratios, which are a measure of the business' ability to generate revenue compared to the amount of expenses it incurs. Let's look at a few of the primary analytical approaches.
What it is: Operating income is a measure of profitability that tells investors how much revenue will eventually become profit for a company.