Florida Limited Partnerships If you are starting a business in Florida, you may have considered forming a limited partnership. A limited partnership is a type of business entity that allows for both general partners and limited partners. In this post, we’ll briefly discuss the basics of limited partnerships in Florida, including what they are, how […]
Limited Partnership 101: Understanding the Basics in Florida Read More »
Understanding Florida Professional Service Corporations and Professional Limited Liability Companies Choosing the right business structure is an important decision for any professional in Florida. Your business structure can impact your tax liability, personal liability, and overall image as a professional. Two options to consider are a Professional Service Corporation (PSC) and Professional Limited Liability Company
Exploring the Advantages of Subchapter S Corporations for Small Business Owners Small businesses are an important part of the economy and many entrepreneurs have visions of creating successful companies. However, starting and operating a business comes with decisions, including those concerning legal and tax considerations. One option for small business owners to consider is the
What is a Subchapter S Corporation and How Does It Work in Florida? Read More »
The Benefits of Choosing a Florida Limited Liability Company: An Overview A Florida Limited Liability Company (LLC) is a popular business structure for entrepreneurs and small business owners. It offers many benefits, including limited liability protection, flexible management structures, and tax benefits. In this post, we will examine the ins and outs of Florida LLCs
The Ins and Outs of Florida Limited Liability Companies: What You Need to Know Read More »
You have entered into a written settlement agreement to pay a certain dollar amount in exchange for the ownership share of a corporation currently held by your business partner with whom you have a dispute. While the essence of the agreement is clear, the agreement is mere bare bones that did not specify all of
Is a Contract Enforceable When Certain Terms Are Unclear or Missing? Read More »
On March 1, 2022, Chapter 17D of the Code of Miami-Dade County was created by an ordinance (“Ordinance”) passed by the Board of County Commissioners of Miami-Dade County, Florida. The new chapter, titled the “Miami-Dade County Ordinance for Registration of Community Associations”, applies to all residential condominiums, cooperatives, and homeowners’ associations (collectively, “Community Associations”) located
With the new year well underway, homeowners’ associations’ boards of directors are holding the year’s first board meetings. While it is understandable there may be several matters a board wants to address at the first board meeting, it is important for homeowners’ associations’ boards to remember that Florida Statutes require them at the first board