Business Entity Conversion in Florida: What to Know
Business Entity Conversion in Florida: What to Know Business entity conversions can be confusing. What steps do I need to take? Who do I send the paperwork to? What will my taxes be like? Here’s a brief overview of your different options. Sole Proprietorship to …
LLC vs. Corporation – How Are They Taxed?
LLC vs. Corporations – How Are They Taxed? Taxation status is one of the most important factors for business owners when it comes time to select their business entity. Navigating all those classifications can get a little overwhelming, but it doesn’t have to be. Let’s …
Converting a Florida LLC to a Corporation: What to Know and How to Do It
Converting a Florida LLC to a Corporation: What to Know and How to Do It Your business, like anything else, will have to change as it grows. This is why so many of our clients come to us asking about converting a Florida LLC. Let’s …
5 Fatal Mistakes That Will Sink Your Business Plan
5 Fatal Mistakes That Will Sink Your Business Plan Bad Grammar Although spoken language is full of slang and double negatives, respected professionals will not be so forgiving when it comes to the language of your business plan. Even honest mistakes like typos can count …
7 Tips for Your Next Business Check Up
7 Tips for Your Next Business Check Up Regularly checking up on the specifics of your business can go a long way to preventing problems before they get out of hand. Let’s go over some of the main areas that you’re going to want to …
How to Form an S Corporation in Florida
How to Form an S Corporation in Florida An S-Corp is a Florida Limited Liability Company or a Florida Corporation that elects to be taxed under Subchapter S regulations of the tax code. In order to elect to be taxed as an S Corporation, you …
Limited Liability Companies Compared to Corporations
Limited Liability Companies or LLCs Compared to Corporations Corporations and LLCs are similar when it comes to not having to worry about unlimited liability when starting your business. When it comes to creating the LLC state laws give some advantages to LLCs over corporations. LLC …
What is An EIN and Why is it Important?
What is an EIN and Why is it Important? What is it? An EIN is a unique nine-digit number that you obtain from the IRS for tax purposes. It is a number that identifies your business. Business owners need to have an EIN. It is …
Top Things to Consider When Choosing Entity Incorporation
Top Things to Consider When Incorporating a Business You’ve worked hard to get to where you are. Protect your personal assets from your business debts and obligations by incorporating. We provide counsel to entrepreneurs on what legal, tax, and operational implications are for any given …