5 Strategies for Minimizing Personal Liability as a Florida Business Owner
How Florida Business Owners Can Maintain Their Personal Liability Protections Florida business owners need to be sure that they’re taking the necessary steps to protect themselves from being held personally liable for their company’s debts and obligations. This is true even if you’ve formed a …
Legal Alert: U.S. Department of Labor Publishes Final Rule Increasing Overtime Exemption Thresholds
What Florida Businesses Need to Know to Prepare for the New Overtime Exemption Rule Florida employers with employees working more than 40 hours in a week need to pay overtime unless specific exemption criteria are satisfied. One of these is known as the minimum salary …
Legal Alert: State of Florida Reduces Sales Tax Rate for Commercial Rental Properties
Mortgage payments Ad valorem taxes (whether paid to the landlord or to the county tax collector’s office) Insurance For more information, you can check out the Florida Department of Revenue’s brochure here. Are There Any Exemptions to Paying Florida’s Sales Tax on Commercial Rental Properties? …
Qualified Small Business Stock (QSBS): A Tax-Saving Opportunity for Florida C-Corporations
Could Your Florida C-Corporation Benefit from Qualified Small Business Stock (QSBS)? As a corporate law firm, we know that Florida business owners are always looking for ways to maximize company growth while minimizing tax liabilities. One powerful tool that can accomplish both goals is Qualified …
How to Convert or Domesticate a Rhode Island Corporation to Florida
Relocate, Transfer, Convert, or Domesticate a Rhode Island Corporation to Florida Updated: June 24, 2024Reading Time: 10 Minutes Objectives: Domicile a Rhode Island C or S corporation to Florida; Keep the same EIN and corporate identity; and Enjoy tax benefits provided to Florida residents. Entities: …
Can You Relocate, Convert, or Merge a West Virginia LLC into a Florida LLC?
Relocating, Domiciling, Transferring, Converting, or Merging a West Virginia LLC into a Florida LLC Updated: June 24, 2024Reading Time: 10 Minutes Objectives: Domicile a West Virginia Limited Liability Company (LLC) to Florida; Maintain the same EIN and identity of the LLC; and Enjoy tax benefits …
Can You Relocate, Convert, or Domesticate a Maine Corporation in Florida?
How to Relocate, Transfer, Convert, or Domesticate a Maine Corporation to Florida Updated: June 24, 2024Reading Time: 10 Minutes Objectives: Domicile a Maine corporation to Florida; Keep the same EIN and corporate identity; and Enjoy tax benefits provided to Florida residents. Entities: Maine corporations Table …
Domesticating, Relocating, or Converting an Arkansas LLC to a Florida LLC
Relocating, Domiciling, Transferring, or Converting an Arkansas LLC to a Florida LLC Updated: June 24, 2024Reading Time: 10 Minutes Objectives: Domicile an Arkansas Limited Liability Company (LLC) to Florida; Maintain the same EIN and identity of the LLC; and Enjoy tax benefits provided to Florida …
How to Convert, Domesticate, or Merge a West Virginia Corporation into a Florida Corporation
Relocating, Domiciling, Transferring, Converting, or Merging a West Virginia Corporation into a Florida Corporation Updated: June 24, 2024Reading Time: 10 Minutes Objectives: Domicile a West Virginia corporation to Florida; Keep the same EIN and corporate identity; and Enjoy tax benefits provided to Florida residents. Entities: …
Can You Domesticate an Alaska Corporation in Florida?
How to Relocate, Transfer, Convert, or Domesticate an Alaska Corporation to Florida Updated: June 24, 2024Reading Time: 10 Minutes Objectives: Domicile an Alaska corporation to Florida; Keep the same EIN and corporate identity; and Enjoy tax benefits provided to Florida residents. Entities: Alaska corporations Table …