Limited Liability Company

By: Barry E. Haimo, Esq. December 29, 2016 Who Are the Parties in a Limited Liability Company? So you want to start a business and are thinking about forming a limited liability company (LLC). LLCs give their members the benefit of pass-through taxes in addition to providing a...

By: Barry E. Haimo, Esq. December 15, 2016 Why Form a Limited Liability Company? One of the most important decisions to make when forming a new business is the kind of business you want to form. Each structure has different pros and cons concerning liability, tax, and regulations...

By: Barry E. Haimo, Esq. October 13, 2016 What Are the Governing Documents for an LLC? If you already have or want to create an LLC, you should know that Florida has laws regarding governing documents for these types of business ventures. What kinds of documents do you...

By: Barry E. Haimo, Esq. July 12, 2016 What Is a Limited Liability Company? When creating a business, you need to decide what type of business you want to be both in terms of the actual business and your business structure. There are a number of different options when...

By: Barry E. Haimo, Esq. April 21, 2016 Why Incorporate Your Business? It’s the American Dream to start your own business. There’s nothing like being your own boss, making your own decisions, and working on your own schedule. But running a business is a lot of work. And if...

Business Planning: When a LLC Is Not Enough   By: Barry E. Haimo, Esq. May 14, 2015 There are a number of reasons why people decide to create limited liability companies, or LLCs. They can make you seem more credible as a business. Your management structure can remain incredibly...

  Can a victim take an interest in a Florida LLC?   By: Barry E. Haimo, Esq. December 27, 2013 There are several different types of business entities, with each having its own unique advantages and disadvantages. to illustrate the point, businesses may form: general partnerships (GP) or joint ventures...

Which is better for taxes: LLC or S corporation   https://www.youtube.com/watch?v=YC4dIGK8dW4&feature=youtu.be   By: Barry E. Haimo, Esq. December, 13, 2013   It goes without saying that you want to form the most appropriate business entity for your business, legal, tax and accounting needs. Tax is just one consideration. There are multiple options:...

https://www.youtube.com/watch?v=viX9M6jee5Y Is malpractice and/or liability insurance enough to protect my assets?   By: Barry E. Haimo, Esq. November 29, 2013 Malpractice insurance is the first line of defense with respect to liabilities deriving from you providing professional services. However, there is a limit to the coverage you can enjoy, and often...

By: Barry E. Haimo, Esq. August 27, 2013 Florida's New Revised LLC (Limited Liability Company) Act   On May 3, 2013, Florida's legislature unanimously passed the Florida Revised Limited Liability Company Act (the "Act"), which is codified in Chapter 605, Florida Statutes. The Act becomes effective Jan 1, 2014....