This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.

In this episode you will learn:

- The distinct purpose of Form 1120 Schedules L, M-1, and M-2.

- How to perform a book-to-tax reconciliation on Schedule M-1 with common exam-style adjustments.

- The key differences and filing thresholds for using Schedule M-1 versus the more detailed Schedule M-3.

- The standard due date for the corporate tax return and the process for filing an extension.

- The schedule and requirements for a C corporation to make quarterly estimated tax payments.

For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep