Hello Tax-Guru,

Im very concerned with my situation. I got layed off recently, I receiving an unemployment check every 2 weeks which helps tremendously, however, in an effort to improve i registered a company with the state of florida. The problem is that so far the balance of earnings and expenses of the corporation are almost 0. Do i have to report the earnings of the corporation as my own? Im the principal officer. Will I loose the unemployment even though I'm not making any real money? I havent received any paychecks from my corporation so far.

If the corp remains inactive, will I still loose my unemployment benefits?

thanks so much