If you are a small business owner, you are likely to own your business through a business entity such as a corporation or limited liability company (LLC). You might also choose to have your business entity taxed as an S corporation. First, what is an S corporation?...
What Floridians Need to Know about Asset Protection By: Barry E. Haimo, Esq. May 1, 2024 There isn’t a person who exists who doesn’t want to protect their assets. You’ve worked hard for what you have — however much that is — and you want to make sure it doesn’t get...
As every business owner knows, there’s an endless stream of challenges and conflicts that can and often do arise during the life of the business. Business planning is the art and science of helping businesses at all stages of their life cycles, from the formation of...
There are a variety of business structures depending on your business’ goals and needs, such as: Sole proprietorship Limited liability company (LLC) Professional Association Corporation S-Corporation Partnership Limited Partnership Limited Liability Partnership...
In Florida, if you are married and have adult children together (assuming that neither one of you has children with another person), all of your assets will automatically go to your spouse unless you create an alternate plan. This is a good thing, right? After all,...
