Limited Liability Company (LLC) and Foreign Owners
Today, many businesses are forming as a Limited Liability Company (LLC) and are finding that an LLC offers the “best of both worlds” of corporate forms. LLCs have pass-through taxation while also affording the owners limited liability protection, typical of a corporation.
What are Background Checks?
Aside from certain situations where Florida law requires that employees be screened, such as law enforcement officers or those hired to work with children or the elderly, requiring an applicant or employee to submit to a screening is also possible.
Charlie Sheen Changed his name, you can too!
Charlie Sheen, Lady Gaga, Lana Del Rey, Bruno Mars, Jamie Foxx, they all have one thing in common. They’ve changed their name. In case you didn’t know, celebrities aren’t the only ones who can do so. If you would like to legally change your name or restore a former a name, you may do so in Florida, provided that you are 18 years of age or older and satisfy certain other requirements. In particular, the state of Florida has set forth specific procedures, which govern all legal name changes of Florida residents.
Life Insurance Trust… in Layman’s Terms!
A trust is a fiduciary arrangement that allows a third party, or trustee, to hold assets or income for the benefit of beneficiaries. Similar to a life insurance there are three parties to a trust. The settlor, the person or entity who creates the trust and usually transfer the property into the trust; the trustee, the person who holds and manages that property for the benefit of the beneficiary; and the beneficiary, the person who receives the benefit of such property.
Why do I need a Non-Compete Agreement?
A non-compete agreement is a contract between an employee and an employer in which the employee agrees not to enter into competition with the employer during or after employment. Non-compete agreements in employment contracts are essential in protecting your business from unfair competition, and safeguarding your trade secrets and confidential information once an employee decides to leave.
What are the Requirements for Workers Compensation Coverage in Florida?
If you are an employee who works for another person, group, or company, you are required to have Workers’ Compensation Insurance. This includes people working under any type of contract and also includes all lawfully and unlawfully employed immigrants and minors.
What are useful pointers when entering a “Joint Agreement”?
In Florida, a joint venture is not a statutory entity or form; rather, it is a contractual arrangement whereby two or
Got a 1099 instead of a W-2? We can help.
Today is your first day of work. You signed a contract with your employer, which detailed your work responsibilities. Your contract
Estate and Trust Taxes
IRS Form 1041 is an income tax return for estates and trusts, similar to Form 1040 for individuals. If you are the executor
Impuestos descargables en bancarrota
Federal income taxes are the only taxes that can be discharged in bankruptcy proceedings, preferably Chapter 7 bankruptcy, if you meet
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