Business Owner Center

Last reviewed: October 2026

Most tax trouble for small businesses starts at a turning point: opening, hiring, growing, selling or shutting down. Each page below covers what to file, what to watch for and when to ask for help.

• Starting a Business in Florida
  Sole proprietor or LLC, your EIN, Sunbiz, sales tax and what to track from day one.
• Should I Elect S Corporation Status?
  When it saves money, the salary rule, and the Form 2553 deadline.
• Hiring Your First Employee
  Employee or contractor, payroll taxes and Florida's new-hire rules.
• Closing a Business
  Final returns, final payroll forms, and closing your Florida accounts the right way.
• Selling a Business
  How the sale is taxed, and why asset vs. stock sales matter.

Already in business?

• Do I Have to Pay Quarterly Estimated Taxes?
  If you'll owe $1,000 or more, probably yes.
• How Much Should I Set Aside From 1099 Income?
  A simple rule of thumb.
• Do I Have to Report Venmo, PayPal or Cash App Money?
  Business income is taxable either way.
• Depreciation and Depreciation Recapture
  Deducting equipment and buildings over time.

How we help business owners

We prepare business returns (Schedule C, partnership and S corporation returns) and offer small-business consulting: choosing a structure, setting up bookkeeping and payroll, planning for taxes during the year, and cleaning up past years. Start with a free Office Hours call. If you can handle it yourself, we'll tell you.