The question was something like "What do I have to do when I corp in Florida to get a C3 goodie"
The answer was this
Do all you guys have to do all this s';t?Under Florida state law, you must:
1.) File an Annual Report/Uniform Business Report and pay the $150 annual fee (make sure you file before each May 1, when the $400 late-filing fee brings it to $550). For an extra $8.75 they will send you a Certificate of Status, which shows the corp is active and paid up; I always include a copy with our Form 4 applications. This report/fee/etc. can be handled online at florida.gov.
2.) File a Florida Tangible Property Tax Form 1019/DR405 with your county property appraiser, listing all the corporation's assets, and pay the appropriate tax on them when the county sends you the tax bill.
3.) File a Florida Intangible Property Tax return. The first $250,000 of assets are exempt, so it's another zeroed-out form with no tax due in most cases. As in (4.) it can be done online and you may or may not need to file the paperwork; check the web site.
4.) File a Corporate Income Tax (Form F-1120), listing the income as reported on your federal tax return. Again, if the corporation reports zero income, no state income tax is due. In some cases, you may not have to even file this if the corp has zero income, but you should check each year as the law keeps changing. Again, this can be done online at florida.gov.
The corporation also should have an annual meeting attended by any/all corporate officers. It can last as little as 15 seconds, but should be held, and a report of the meeting typed up and kept in the corporate records, since an annual meeting is a state requirement. (Of course, if the corporation has only one stockholder who is also the sole corporate officer, he can "meet with himself" and type the memo.)
Once the corporation starts making money and/or selling any of its assets, things get more complicated. So it is worth documenting all corporate expenses and purchases to offset any future tax liability.
If so, there may be a WTS ad for a Powder Springs MAC coming up real soon...