Forum Discussion
magicbus
Oct 23, 2021Explorer II
Having been a consultant for 30 years under my own Sub S corp I would say your FL account is on track. One item if terminology is that you will not be a 1099 “employee” but rather your S corp will be a 1099 “subcontractor” to those you work for. I suggest you should be a W-2 employee of your S corp (part of the many rule changes mentioned earlier having to do with when tax payments are due). Also, as alluded to in an earlier post, you will be legally required by many states to file personal state income tax forms and pay tax for any work performed outside of Florida (another rule change). A final thought, I do not know the cost and benefits of establishing an S corporation in Florida, but Delaware is cheap, easy and protective, and then you would register your corporation to do business in FL as your “home base”.
Dave
Dave
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