Tax & EIN

One of the biggest tax surprises for new Florida LLC owners is self-employment (SE) tax. While Florida has no state income tax, LLC owners still owe federal self-employment tax on their business profits. This guide explains how SE tax works for Florida LLCs and strategies to reduce it. What Is Self-Employment Tax? The Basics Self-employmentContinue reading “Florida LLC Self-Employment Tax: How Much Will You Pay?”

If your Florida business sells taxable goods or services, you must collect sales tax from customers and remit it to the state. Before you can legally do this, you need a Florida sales tax permit—officially called a Certificate of Registration or Seller’s Permit. This guide covers who needs a sales tax permit, how to register,Continue reading “Florida Sales Tax Permit: How to Register”