Corporation Formation

When forming a corporation, you have several options beyond the basic corporate structure. Each type offers different tax treatments, ownership rules, and operational requirements. Understanding the differences between S-Corps, C-Corps, B-Corps, and other corporate forms helps you choose the structure that best fits your business goals. Overview of Corporation Types Type Best For Key FeatureContinue reading “Types of Corporations: S-Corp, C-Corp, B-Corp, and More”

A C-Corporation (C-Corp) is the standard form of corporation in the United States. It’s a separate legal entity from its owners, offering the strongest liability protection while allowing unlimited growth potential through stock sales. C-Corps are taxed separately from their shareholders, which creates what’s known as “double taxation” but also provides unique advantages for certainContinue reading “What Is a C-Corporation? Structure, Taxes, and Requirements”

An S-Corporation (S-Corp) is a special tax designation that allows a corporation to pass its income, losses, deductions, and credits directly to its shareholders, avoiding double taxation at the corporate level. It’s not a business structure itself but rather an IRS tax election that eligible corporations and LLCs can make. Understanding how S-Corps work canContinue reading “What Is an S-Corporation? Complete Guide”

If you want the liability protection of a corporation but prefer the flexibility of a partnership, a close corporation might be the right choice. Florida law allows small businesses to elect close corporation status, which relaxes many traditional corporate formality requirements while maintaining liability protection. This guide explains what a close corporation is, who shouldContinue reading “Close Corporation in Florida: What It Is and Who It’s For”

If you’re a licensed professional in Florida — a doctor, lawyer, accountant, or architect — you may be required to form a Professional Association (PA) instead of a regular corporation or LLC. Professional corporations have specific ownership and operating requirements designed to protect the public and maintain professional standards. This guide explains who must formContinue reading “Professional Corporation in Florida: Requirements for Licensed Professionals”

The Articles of Incorporation is the official document that creates your Florida corporation. Filing this document with the Division of Corporations brings your corporation into legal existence, allowing you to open bank accounts, enter contracts, and conduct business. This guide walks you through exactly what information you need, how to file, and common mistakes toContinue reading “Florida Articles of Incorporation: How to File”

Every Florida corporation — whether for-profit, nonprofit, or professional — must file an annual report with the Division of Corporations each year. Miss the deadline, and you’ll face a $400 late fee plus potential administrative dissolution. This guide covers everything you need to know about Florida corporation annual reports: what’s required, when to file, andContinue reading “Florida Corporation Annual Report Requirements”

An S Corporation election can save Florida business owners thousands of dollars in self-employment taxes each year. But S Corp status isn’t automatic — you need to file the right paperwork with the IRS and meet specific requirements. This guide explains what an S Corp is, how to elect S Corp status for your FloridaContinue reading “Florida S Corp: How to Elect S Corp Status”

Incorporating in Florida creates a legal entity separate from its owners, providing liability protection, tax advantages, and credibility for your business. Whether you’re planning to raise investment capital, go public someday, or simply prefer the corporate structure, this guide walks you through exactly how to incorporate in Florida. By the end, you’ll understand the entireContinue reading “How to Incorporate in Florida: Step-by-Step Guide”