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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...
Challenges to 50/50 ownership in a business

Challenges to 50/50 ownership in a business

The question of whether 50/50 ownership of a company creates issues largely depends on the specific circumstances and dynamics of the individuals involved. While a 50/50 ownership structure can have advantages, such as shared decision-making and equal control, it can...
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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