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.
S Corporation tax returns are due 15th day of the third month after the end of the company's fiscal (financial) year (a new date, beginning with 2016 taxes). All S corporations have a December 31 year end, so the due date for the extension application is March 15.