Have you Filed your Business Annual Report with the Secretary of State yet? Time is Running Out Don’t miss the May 1st deadline – Any profit corporation, limited liability company, limited partnership, or limited liability limited partnership annual report filing will have until 11:59 PM EST on Monday May 1, 2023, before a $400 late […]

What Business Entity Should a Startup Choose? The legal entity that you pick for your startup can affect your liability protection, taxes, management structure and other things. Here we will briefly review the common types of legal entities, considerations when selecting a legal entity, some comparisons between legal entities, and give a quick checklist about

The Limited Liability Limited Partnership in Florida A Limited Liability Limited Partnership (LLLP) is a business entity choice in Florida, particularly for businesses that want to limit the liability of certain partners while still allowing them to participate in the business’s management and decision-making. But what exactly is a LLLP, and how can it benefit

Understanding Limited Liability Partnerships in Florida A limited liability partnership (LLP) is one way of operating a business that is available in Florida. Limited liability partnerships in Florida are created under Sections 620.9001–620.9003, Florida Statutes, which is part of the Revised Uniform Partnership Act of 1995 (RUPA). In short, a limited liability partnership works like

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

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

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