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Board of Works and Safety November 21st, 2022 4:00 P. M. Minutes Call to Order: Mayor Samuel J. Craig The Board of Public Works and Safety met on November 21st, 2022, at Stoneware Art & Education
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DEC 05 - CC refers to the Declaration of Estimated Tax for Corporations, specifically designed for reporting and remitting estimated taxes due by corporations in the United States.
Corporations that expect to owe tax of $500 or more when they file their tax return are required to file DEC 05 - CC.
To fill out DEC 05 - CC, corporations need to provide information such as total income, deductions, and tax liability, as well as calculate estimated payments based on their projected income for the year.
The purpose of DEC 05 - CC is to provide the IRS with estimated tax payments from corporations, helping them manage their tax liabilities throughout the year.
The report must include the corporation's name, address, tax identification number, estimated taxable income, deductions, and estimated tax due.
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