What is LLC Disregarded Entity Election?
Disregarded Entity Election for Florida LLCs In Florida, many entrepreneurs are confused by the idea of “Disregarded Entity Election.” Basically, it’s a status determining how your business is taxed. For information on selecting the right entity for your business, you can read more here. What …
S Corporation Advantages for Florida LLCs
What are the S Corporation Advantages Available to Florida LLCs? An S Corporation’s advantage is that it has a tax structure similar to C Corporations with liability protection similar to LLCs. Too few business owners take advantage of this powerful tool. While it won’t be …
Selling a Business in Florida? 5 Essential Documents
Selling a Business in Florida? 5 Essential Documents Selling a business in Florida, like a lot of an entrepreneur’s life, involves drafting and signing a lot of paperwork. Unfortunately, far too many business owners rush through these transactions. They don’t take the time to read …
How to Find the Right Time to Sell a Florida Business
How to Find the Right Time to Sell a Florida Business Deciding to sell a Florida business can be a tough call. The act of selling it is no walk in the park, either, but for a lot of entrepreneurs out there, it’s the right …
The Benefits of Creating a Florida Rental Property LLC
The Benefits of Creating a Florida Rental Property LLC Too few landlords in Florida know just how much they stand to benefit by forming a Florida Rental Property LLC. An LLC is a type of business entity favored by many small business owners and entrepreneurs …
Separating Your Finances and Maximizing LLC Liability Protection
Separating Your Finances and Maximizing LLC Liability Protection If you’re the owner of an LLC in Florida, then chances are that you already know how critical it is to keep your personal and business finances strictly separated from one another. Doing so is a requisite …
Tax Exemptions for Charitable Organizations Explained
Tax Exemptions for Charitable Organizations Explained Charitable organizations can qualify for a number of tax exemptions in Florida. This includes such favorites as the Corporate Income Tax, the Sales and Use Tax, as well as the Reemployment Tax (also known as Unemployment Insurance). However, each …
6 Reasons to Hire a Business Formation Lawyer
6 Reasons to Hire a Business Formation Lawyer Hiring a business formation lawyer sets your business up for success and allows you to focus on making money. Let’s get into more below. 1. Deciding on Your Business Structure A business structure, also known as a …
Florida Small Business Audits
Florida Small Business Audits Few things can strike as much fear into entrepreneurs as small business audits. Even if you have no ill intent whatsoever, even if you did everything to the best of your abilities, there’s always the concern that you forgot to hold …
Setting Up a Business in Florida: 7 Questions to Ask
7 Questions to Ask Before Setting Up a Business in Florida Starting your own business is a great way to take control of your life. Not only does it give you more control over your financial future, you can even work from home if your …
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