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? …
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 …
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 …
Corporate Transparency Act (April 3, 2025 Update)
Major Changes to Beneficial Ownership Information Reporting Published: April 3, 2025 U.S. Companies No Longer Required to File BOI Reports In a dramatic policy shift, FinCEN (Financial Crimes Enforcement Network) has released an Interim Final Rule that completely removes Beneficial Ownership Information (BOI) reporting requirements …
What Is the Difference Between a Member and a Manager?
Members vs. Managers: What to Know About Members and Managers in a Florida LLC Updated: November 10, 2023 The owners of a limited liability company (LLC) are called members. They can manage the LLC themselves (member-managed), hire others to manage the LLC on their behalf …
Can You Relocate or Convert a Washington, D.C., LLC to a Florida LLC?
Relocating, Domiciling, Transferring, or Converting a Washington, D.C., LLC to a Florida LLC Updated: June 24, 2024Reading Time: 10 Minutes Objectives: Domicile a Washington, D.C., Limited Liability Company (LLC) to Florida; Maintain the same EIN and identity of the LLC; and Enjoy tax benefits provided …
Can You Relocate or Convert an Alaska LLC to a Florida LLC?
Domesticating, Relocating, or Converting an Alaska LLC to a Florida LLC to Pay Less on Taxes Updated: June 24, 2024Reading Time: 10 Minutes Objectives: Domicile an Alaska Limited Liability Company (LLC) to Florida; Maintain the same EIN and identity of the LLC; and Enjoy tax …
Can You Relocate or Convert a Nevada LLC to a Florida LLC?
Relocating, Domiciling, Transferring, or Converting a Nevada LLC to a Florida LLC Updated: June 24, 2024Reading Time: 10 Minutes Objectives: Domicile a Nevada Limited Liability Company (LLC) to Florida; Maintain the same EIN and identity of the LLC; and Enjoy tax benefits provided to Florida …
Introducing Entity Guard
