XYZ Corporation Has a December 31 Year-End

question 47

Essay

XYZ Corporation has a December 31 year-end.
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a. When is XYZ Corporation's tax return due?
b. When does XYZ Corporation need to make its estimated tax payments?
c.Assuming that XYZ Corporation owes $5,000 on the original tax return due date and it files for an extension and is granted an automatic extension to file tax returns, what is the extended tax return date and when should taxes be paid?

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Definitions:

Carl Rogers

An influential American psychologist who founded the humanistic approach to psychology, emphasizing the importance of self-actualization and client-centered therapy.

Psychotherapy

A therapeutic treatment involving psychological methods, particularly when based on regular personal interaction, to help a person change behavior and overcome problems.

Frustration-Regression Hypothesis

A principle suggesting that when people encounter obstacles to reaching a goal, they may regress to previous behaviors that are comfortable but less productive.

ERG Theory

A motivation theory developed by Clayton Alderfer that categorizes human needs into three groups: Existence, Relatedness, and Growth.