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S-Corporation Primer

S-Corporation Primer

Primer on S-Corporation Basics, Ownership Restrictions, and Election Considerations An S-Corporation (S-Corp) is a specific type of corporation that elects a special tax status with the Internal Revenue Service (IRS) in the United States. It's named after Subchapter S...

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NON-SOLICITATION CLAUSES IN FLORIDA CONTRACTS

NON-SOLICITATION CLAUSES IN FLORIDA CONTRACTS

In the context of a Florida contract, a non-solicitation clause typically refers to a provision that restricts one party from soliciting or actively seeking to do business with the customers, clients, or employees of the other party. The purpose of a non-solicitation...

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Does Your Company Need a Privacy Policy?

Does Your Company Need a Privacy Policy?

When do you need a privacy policy?  A company typically needs a privacy policy when it collects, uses, or processes personal information.  The requirement for publishing privacy policies arises when a company operates in jurisdictions with privacy laws that require...

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Requirements for Florida Businesses seeking Investors

Requirements for Florida Businesses seeking Investors

Many Florida business owners do not understand the required disclosures and work involved when seeking contributions from new investors. In Florida, as in other states, a company seeking investment is typically required to provide certain disclosures and information...

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What is a Nondisclosure Agreement (NDA)?

What is a Nondisclosure Agreement (NDA)?

A nondisclosure agreement ( commonly called an NDA) is a legally binding contract that prevents one or more parties from disclosing confidential information to third parties. NDAs are commonly used to protect sensitive information during business transactions,...

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Which States Have Active Privacy Laws?

Which States Have Active Privacy Laws?

A common misconception that we run into with our Florida-based limited liability company (LLC) and corporation (Inc.) clients is their belief that they only need to be compliant with Florida’s privacy laws.  As a friendly reminder, businesses should be compliant...

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