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E-biz, sole proprietorship laws in FL, etc.?


I am buying an existing E-business which is located in New Jersey. I am in Florida; I am wondering how to go about setting everything up. How do i set up a sole proprietorship in Florida? What else do I need to do? (taxes, IRS issues, SEP-IRA account, schedule C, etc.)

We have already signed the contract; all I have to do is pay the guy now and everything is mine. Any and all info. is appreciated!

Thanks!

Best Bet: Make an appointment to talk with a local CPA. He/she would need less than an hour to answer your questions. The CPA will know about how to register your company with IRS and state regulatory agencies. Do not postpone getting this done. You could wind up out of compliance with various laws on taxation, withholdings, etc. Mu-u-uch better to get it right from the git-go.

You'll likely need a relationship with an accounting professional who keeps up with the laws. They're always only a phone call away ... and the questions that will cause you the most trouble are those you didn't ask!

You'll get no better answer than this one!!

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