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Old 12-09-2010, 10:05 AM
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C Corp & filing for unemployment for officer

As officer and only employee of my C Corp, can I file for unemployment benefits legally in the State of Florida? For the first time in 25 years of owning the Corp, I am going to be out of work very soon and plan for the last of the income the Corp is about to receive to remain in the Corp to pay it's future expenses and stay active. I am trying to plan ahead for the inevitable fact that I will be out of work soon.

Basically I was unsure if the fact that there will be funds in the Corp that I would not consider taking but instead use it to pay other basic expenses and stay afloat for a couple months until I got future work, would exclude me from being eligible to collect?

Thank you in advance for your assistance.



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