Lee - here are a couple of websites to help you get started:
Florida Division of Workers' Compensation
This provides information for workers' compensation benefits for your employees or, if you will be a sole proprietor, an exemption application. This site is a little confusing, but there are some links to the far right which will be helpful.
You will need to incorporate -- even if you're just trying to get a workers' comp exemption. The law changed at the end of 2003 and anyone running their own show, not just an employee, must now be a corporation due to all the workers' comp and tax fraud. Painters used to be able to call themselves "subcontractors," work for one painting company, and the painting company would save a TON of payroll taxes and workers' comp because the sub would pay his own taxes and have his own exemption. That's changed as stated above.
Just FYI - workers' comp coverage is hugely expensive in Florida. I was under the impression if you were incorporated and had any employees, they had to be covered by workers' comp. Someone just advised me that is not the case--you can have up to about three employees before coverage is required(?)--not sure about that. We have a payroll company where my hubby and I are employees too, we turn in the hours everyone has worked, they provide us with workers' comp coverage and certificates of coverage when we need to provide them to customers, and they file all our payroll tax returns. We went this route on the recommendation of our liability insurance carrier because we don't have a lot of employees. Our prior company, Hartford, stopped workers' comp coverage in Florida.
Here's another one -
Internal Revenue Service
If you go to this website, you will see a little link near the top "businesses." If you click on that, you will see the requirements from the government. You can download handbooks and other information from there. You will need a Federal Employer Identification Number ("FEIN").
Just FYI. Because of the Florida climate, painters flock here--there's work all year round. That may have changed due to the big jump in housing prices--not sure.
I have been seeing some older painting companies closing down--two companies I know of here, and others are losing business and having to change strategy to try to get more business. Companies are hiring illegal immigrants, setting up several painters in very small residences and paying them smaller wages, and those companies with American citizens as painters can't compete with the cheaper prices.
Good luck in your endeavor. My jaw dropped when I saw you have a six month backlog of work. We may move where you are
