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-corp income tax return deadline. An S corporation must always file its annual tax return by the 15th day of the third month following the end of the tax year, generally March 15. The business is responsible for reporting all financial activity on Form 1120S and attaching a Schedule K-1 for each shareholder.