Taxes in Florida for Small Businesses: The Basics - Investopedia
https://www.investopedia.com/articles/personal-finance/101315/taxes-florida-small-businesses-basics.asp
Key Takeaways Florida is a tax-friendly state that does not impose an income tax on individuals, and has a 6% sales tax. Corporations that do business in Florida are subject to a 5.5% income tax. LLCs, sole proprietorships, and S corporations are, however, exempt from paying state income tax.
Florida is a tax-friendly state that does not impose an income tax on individuals, and has a 6% sales tax.
Corporations that do business in Florida are subject to a 5.5% income tax.
LLCs, sole proprietorships, and S corporations are, however, exempt from paying state income tax.
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