Is it a Good Idea to Form an LLC While Working for Another Company?
Sure, it would be great if you could drop everything and invest yourself 100% into your dream business. Unfortunately, that isn’t always an option. The world keeps turning and bills must still be paid no matter how high your ambitions and brilliant your ideas might …
Florida LLC Taxes: An Overview
Limited Liability Companies (LLCs) are often chosen by entrepreneurs looking for a business structure with flexible tax options. As they have no tax classification of their own, LLCs can select between the classifications offered to other business entities. Knowing the differences between these classifications is …
How LLCs and Corporations Can Lower Self Employment Taxes
Self-employment can be an attractive prospect, especially for those of us who value freedom and self-direction in the workplace. But many don’t realize that a shadow looms over freelancers and independent consultants everywhere: the dreaded self-employment tax. Even new business owners can be hit with …
Changing the Owner of a Florida LLC
Changing the Owner of an LLC It’s not uncommon to need to change the owner of an LLC during its lifespan. It doesn’t mean that the owners or the business failed in any way. This can happen when one of the original partners leaves, when …
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 Another Entity When you start doing business as …
LLC vs. Corporation – 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 start here with the differences between LLC and …
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 say that you started out as a Limited Liability Company (LLC). But things have changed …
LLC vs LLP – What’s the Difference?
LLC vs LLP – what are the main differences between these two management structures? Many entrepreneurs are already familiar with limited liability companies, or LLCs. What some don’t know is that there is another kind of business entity called a limited liability partnership, or LLP, …
Recap — St. Pete for Good’s B-Corp Event Captures Local Attention, Promises a Better World
We knew that many of you in Saint Petersburg were interested in learning about how business could be used as a force for good in the world, but boy were we blown away! St. Pete for Good and Conscious Capitalism Florida’s “Changing Business in Florida …