How many DBA’s can a FL company have?
We’ll keep it short and simple this time. Every state has different regulations on DBA’s. For all intents and purposes, we’re just focusing on Florida for this blog. Florida state law requires a limited liability company (LLC) to operate under the legal name contained in their Articles of Organization. However, the legal name may not […]
Do I have to pay Property Taxes as a Foreigner Investor?
All foreign investors owning U.S real property are responsible for paying taxes on any and all rental income they earn in the United States from that property. As a general rule, a non-US person who rents out his or her U.S. property is subject to a 30% withholding tax imposed on the gross amount of each rental payment.
What are the civil and criminal penalties for violating Florida Notary Law?
What does it mean to be a Notary Public in the United States? A Notary Public (“notary”) is a state government official of integrity appointed by a top official of their state, to serve the public as a witness in performing a variety of official fraud-deterrent acts related to the signing of important documents. Notaries […]
OVDP is ending, now what?
The Offshore Voluntary Disclosure Program or, OVDP, essentially is designed to allow taxpayers to come clean with the certainty that they will not face criminal prosecution for not previously disclosing their overseas accounts. Taxpayers have the added benefit of receiving a fixed penalty structure for settlement of past non-compliance. In exchange for their voluntary compliance […]