Call Us Now: +1 (877) 330-2677 Live Chat: ONLINE NOW   


Asked by: Martha - 25 October, 2011 I am life coaching and organizational consultant starting business in Florida. Do I need to declare taxes from a formal company? Which one would be the best option for me? What do you recommend me? Thanks a lot for your answer.
Answered by: Robert Kowalski - 28 October, 2011 Dear Martha,

Technically you could do your business without registering a legal entity such as an LLC or corporation, in other words as a sole proprietor with or without a DBA (doing business as). If you choose to go that way and register a DBA keep in mind in Florida you need to do publication in a newspaper in your county (we help with that of course).

You could of course register a legal entity for your business, in which case I would recommend an LLC as it is more flexible tax-wise (since you can elect it to be taxed as disregarded entity, S-Corp or C-Corp, depending on your situation), and its more simple to maintain.


We Want To Connect With You!

Social Media is increasingly the preferred method for businesses to connect with their clients, peers and customers. We are dedicated to share information and useful tools to help you grow your business.

Like us on Facebook, follow us on Twitter, and let's begin the exchange to Help Grow America One Business at a Time - starting with yours!