IRS Form 1120-X (Amended Corporate Tax Return) - Step-by-Step Guide

Form 1120-X is filed by a corporation to amend a previously filed Form 1120 corporate income tax return.
Corporate returns can also be amended using Form 1139 if the changes relate to NOL carryback, capital loss carryback, unused general business credits, and other adjustments under Section 1341(b)(1).
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[@jorgeroperti9875]

My name is Jorge and I am one of your listeners, nice to meet you. I am a CPA in Argentina and I have just realized that none of my clients have paid the additional 1% tax required in Miami-Dade County. The tax is called the "Homeless Tax" and is paid by those who have alcohol licenses. I understand that the tax is retroactive. Can you help me? I need to find the best way to handle this with the ultimate goal of reducing the penalties for all my clients.