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 …
The Benefits of Creating a Florida Rental Property LLC
The Benefits of Creating a Florida Rental Property LLC Too few landlords in Florida know 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 for …
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 exemption for charitable organizations comes with …
Five Reasons Why LegalZoom Isn’t Better Than a Florida Lawyer
We can say this much about LegalZoom – they have a strong marketing game. After years of bombarding the public with advertisements, LegalZoom has managed to position themselves as an authority and a trusted name in legal services. However, this couldn’t be further from the …
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 business entity, is something that you must have …
Turning Your Hobby into a Business: Getting Paid for Your Passion
Turning Your Hobby into a Business Our hobbies are a big part of how we stay sane in everyday life. Some of the more traditional folk find solace in pursuits like fishing or the culinary arts, while others might derive a sense of peace from …
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 …
How to Start a Florida Private Medical Practice
While countless medical professionals in Florida find great purpose and fulfillment working as a part of a larger healthcare operation, it’s not necessarily the path that everyone wants to follow. Many others would rather start a Florida private medical practice of their own. This could …
Read This Before Using Your Address for Your Home Business
Many entrepreneurs and small business owners in Florida, especially those running a home business, have taken to using their personal address for their business as it saves on time and money. However, this might not always be the best idea. Be sure to read into …
5 Misconceptions About Electing Your Corporate Entity
The legal structure of your business probably seems like one of those boring details that you won’t need to spend much time on. This couldn’t be further from the truth. Here are the top five all-too-common misconceptions about how your corporate entity will impact you …