March: Let’s Recap! Income, Expenses, and Assets

Throughout the month of March, we discussed information that had to be reported to the Internal Revenue Service (“IRS”) if a taxpayer wished to reduce their tax debt. Among this information is the taxpayer’s income, expenses, and any assets he/she may own. Here is a quick recap of the information we brought you during the [...]

2018-03-30T19:56:47+00:00March 30th, 2018|Blog @es, Blogs, Legal Advice, Taxes|

Reducing Your IRS Tax Debt: A Quick List of Assets that Must Be Reported

This week, we are continuing our discussion about the process to reduce your IRS tax debt, and the information that must be reported to the Internal Revenue Service (“IRS”). In addition to income and expenditures that must be reported, the IRS also requires that taxpayers wishing to reduce their debt report certain assets that they [...]

2018-03-22T19:00:02+00:00March 22nd, 2018|Acquisitions, Blogs, Legal Advice|

Things You Might Not Know, But Should: Select Provision of the Tax Cuts and Jobs Act

In previous weeks, we have discussed changes to the Tax Cuts and Jobs Act that many people are aware of, such as tax credits and small business taxes. However, there are a number of things you might not know, but should, with respect to the Act. These changes are some that the general public does [...]

2018-02-22T19:56:58+00:00February 22nd, 2018|Blogs, Legal Advice|

Deductions under the New Tax Cuts and Jobs Act. Which is better: Standard or Itemized?

As most Americans are aware, the new tax law, or more formally known as the Tax Cuts and Jobs Act, was recently passed. Since the passing of the tax law, there have been many reports on how this law will affect United States citizens and permanent residents, including citizens living abroad. In these series [...]

2018-02-01T20:30:35+00:00February 1st, 2018|Blogs, Legal Advice|

What Should You Consider and Obtain When Purchasing a Business

Why Purchase a Business Are you considering starting a business in Florida? If so, you may find that it makes more sense to purchase an existing business. An existing successful business has trained employees, an established customer base, and sufficient cash flow. However, there are some potential pitfalls. Here are a few things you should [...]

2018-01-30T13:09:48+00:00April 30th, 2012|Blogs, Legal Advice|

What Elements Should You Consider When Reviewing a Franchise?

What a Franchise Offers A franchise offers an opportunity to fulfill your dreams of being an entrepreneur. When you purchase a franchise, you're buying instant brand recognition, as well as ongoing support to help your business succeed. However, a franchise is not a guarantee to success. There are several elements to consider when buying a [...]

2018-01-30T13:09:16+00:00April 25th, 2012|Blogs, Legal Advice|

Why Have an Employment Agreement at Will State

Are you thinking about hiring an employee for your business, and are wondering whether you should have the new employee sign a contract? Or have you recently accepted a job, and have been asked to sign an employment agreement? If so, you may be wondering how having such an agreement in place can benefit you. [...]

2016-04-12T02:27:45+00:00April 24th, 2012|Blogs, Legal Advice|

How Liens Help in Collecting Amounts Due

Are you owed money, but aren't sure how to collect the funds? If so, a lien may be an option. A lien is a legal claim to property for payment of a debt. Usually, though not always, the debt is connected to the property, such as a lien against real estate for the payment of [...]

2018-01-30T13:08:43+00:00April 19th, 2012|Blogs, Legal Advice|

The Benefits of Creating a Limited Liability Company

Before discussing about the benefits part, let’s look at the limited liability company definition. A LLC or limited liability company is flexible format of any business that combines elements of corporate structures and partnership. It is considered to be a legal form of company which renders limited liability to its owners in United States. The [...]

2017-11-02T14:48:59+00:00April 19th, 2012|Blogs, Legal Advice|