by admin | Dec 15, 2023 | Business, Entity Formation
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...
by admin | Jul 20, 2023 | Business, Entity Formation
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...
by admin | May 16, 2023 | Business, Entity Formation
In Florida, the owners of a limited liability company (LLC) are called members. Members often enter into an operating agreement that acts as a user’s manual for the Florida LLC and denotes the roles, authority, and responsibilities of the members as well as the...
by admin | Apr 1, 2022 | Business, Entity Formation
Florida Business Formation Basics By Josh Roberts josh@joshrobertslaw.com I was recently featured as a guest on the “How to Business” vlog hosted by Frederick Weiss where we discussed “How to Legally Start a Business.” In addition to the video (which can be...
by admin | Apr 30, 2020 | Entity Formation
A Florida limited liability company with only one member, or owner, is called a sole member liability company (“sole member LLC”). Before moving forward with the formation of a sole member, it is crucial to understand how the liability...
by admin | Jan 6, 2020 | Business, Entity Formation
When a business owner is forming an LLC, one of the first questions is usually what is a member’s liability in an LLC? LLC stands for Limited Liability Company. Formation of LLCs has gained popularity over the past decade since the Florida Legislature repealed the...