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.
An S corporation does not pay corporate income tax. Instead, its shareholders report the companyâs income on their personal tax returns. An LLC can be taxed as a disregarded entity, meaning it is taxed in the same way as a sole proprietorship or partnership.An LLC can also elect to be taxed as an S corporation.n S corporation does not pay corporate income tax. Instead, its shareholders report the companyâs income on their personal tax returns. An LLC can be taxed as a disregarded entity, meaning it is taxed in the same way as a sole proprietorship or partnership.