The aims of a national minimum wage. The long-term aim of a minimum wage is to remove the problem of poverty pay, which exists when the earnings from paid work do not result in a living wage and fail to push people out of poverty. Low pay can result from a number of labour market failures, including:
Florida S Corporations and tax-exempt organizations are generally not required to file a Florida corporate income tax return if they do not have federal taxable income. If they have federal taxable income, however, they are then required to file a Florida corporate income tax return and pay any tax due.
1 File a 2014 calendar year income tax return (Form 1120S) and pay any tax due-Details. 2  March 16 â S Corporation election. 3  File Form 2553, Election by a Small Business Corporation, to elect to be treated as an S corporation beginning with calendar year 2015.