Talk of The Villages Florida - View Single Post - Sales Tax?
Thread: Sales Tax?
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Old 03-16-2024, 08:24 AM
rustyp rustyp is offline
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Quote:
Originally Posted by spinner1001 View Post
Florida corporation income tax return.
Quote:
Originally Posted by rustyp View Post
But I am not incorporated.
Quote:
Originally Posted by spinner1001 View Post
But you could be incorporated… if you just paid your fair share. /sarc
Quote:
Originally Posted by rustyp View Post
What do I incorporate as - financial advisor ? /sarc eieio
Quote:
Originally Posted by retiredguy123 View Post
Note that, when you incorporate, you create a separate entity, the "corporation". So, techically, a person doesn't "incorporate".
A person is not a corporation and does not own a corporation. The corporation is a separate, taxed entity.
So the corporation pays the sales tax on the golf cart. Look at that - now two of us owe sales tax. I purchased the golf cart as an individual and then I sold it to the corporation ? All I ever wanted was my own golf cart not a ride share.