You would want to speak with a Florida Business Attorney and make changes to the LLC Operating Agreement and you would want to make any applicable changes to the Florida Department of State documents as they relate to business and ownership via an amendment probably as well.
You do not have to register as a member. Your ownership should be reflected in the Operating Agreement.
I will be working under and doing business under a pen name and would like to keep my legal name as private as possible (I know there are limits to this) to separate this business from personal life. When filing for an LLC I understand that you can protect your address with a registered agent but... Read more »
You can use series LLC, which would have to be registered in another state (FL does not have such a thing), then you register a business in FL. If you only register in FL, your name will have to be listed as an officer, but in other states it is not the same requirement.
Good luck.
Basically I am taking a short payroll course with NACPB. After I finish the course I plan on running payroll for my brothers business to start off. Once I gain experience I plan on taking in other clients for their payroll needs. I just wanted to know if a CPA license or anything along those lines... Read more »
Florida does not require the owners of a "payroll bookkeeping business" to be CPAs.
However, I would bet that the Florida Department of Financial Services in Tallahassee has some level of certification and licensing requirements for this kind of financial because you will be dealing with OPM.
I believe I need to fill out up for an 8832 but not sure what to select.
It depends on what you mean by having your business tax and personal tax returns filed separately. The following answer has some information that you appear to already know, but I'll give a full explanation for those who don't. The answer you're likely looking for is at the end.... Read more »
My current LLC sell female fashion apparel, shoes, intimates, & accessories. But there is some businesses that are very similar to mine that I have the right connections to start a new business per that product category or service. Can I run a new similar business under my LLC? Or better yet,... Read more »
All income from a LLC is subject to employment taxes. Discuss with your accountant on making a special election for your LLC to be treated like an S corp. This will give you the ability to have a reasonable salary to subject to employment taxes and any excess income treated as a distribution not... Read more »
I have started a short term rental business and I am trying to scale.
Rental business/property tends to be a high liability type of business and therefore you need to be sure to keep the business/properties compartmentalized from one another by limiting your potential exposure by separating all your businesses as much as you can. Separate LLC business entities is a... Read more »
Legal age in Florida is 18. You can work at 17 but there are restrictions as to how early/late and how long you can work in a day.
Sole proprietorship simply means you work for yourself without the protection of a legal entity. You could do that. You will have difficulty entering into... Read more »
Money.. or does it come to me
It's very unclear what you are asking about. Are you asking about your husband writing a will which would leave his assets to your son when he dies?
I'm starting a business in Florida and planning out my business name. I'd like the business to be known by an anacronym and by its full name. Do I need to register two DBAs?
Specifically, it's a ceramics business that I want to call "St. Lucie Inlet Pottery" or... Read more »
I think you mean "acronym".
https://en.wiktionary.org/wiki/acronym
Specifically, I'm starting a business in Florida as a sole proprietor and want my business name to be my first initial, last name, and the word "Design" e.g. A. Smith Design. Do I need a DBA for this or does this meet the requirement for use of my legal name?
Advice is greatly appreciated.
See F.S. 865.09 here: http://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute&Search_String=&URL=0800-0899/0865/Sections/0865.09.html
I would like to become a day trader of stocks and cryptocurrencies and saw S Corps may provide many tax benefits. I live in Florida. Would an S Corp allow me to pay less taxes / should I incorporate overseas in a tax haven such as the Cayman Islands?
Thank you,
An S corp is superior to a regular or C corporation or a limited liability company. You would form a Florida corporation and within 75 days complete and file IRS Form 2553 with the IRS. Assuming your venture is profitable, you may be able to pay yourself a "reasonable" salary (subject... Read more »
Yes, a Florida Business Attorney, you will want to speak with a Business Attorney, and they will be able to help you create your LLC, applicable Operating Agreement, register your business with the state, explain liability issues and keeping the business separate from yourself, filing for a more... Read more »
why not? unless there is a reason for your asking...
For asset protection I need a multi member LLC
Where did you get the idea that a multi-member LLC is needed for "asset protection"? The owner or owners of a legitimate limited liability company are not generally liable for the debts of the LLC. On the other hand, creditors of the owners may levy upon a LLC (and its assets) to... Read more »
is the Figurella Method a registered trademark? Can I open a business that does the same type of Figurella business under a different name? Should I modify something in the method to avoid any legal complications?
You need to hire an attorney to conduct a research for you and give you advice accordingly. Without more information, it is impossible to know the answers.
I'm part of a non-physician-owned group that acquired a professional association in a stock purchase with another LLC. I got feedback that an LLC cannot own a PA. Do I need to change the PA entity - articles of incorporation, etc.
The central issue is not the PA, per se. It is splitting the fees. In general, physicians are prohibited to split fees with non-physicians. A few exceptions exist. One of them is exception to corporate practice where they do not hold out to the public as health care clinic. Some of the examples are... Read more »
DO U STILL HAVE TO GO THREW PROBATE IF U HAVE A LETTER FROM UR BROTHERS AND SISTERS SAY I CAN KEEP THE PLACE
I am sorry for your loss on the passing of your dad, please accept my condolences for you and your family at this sad and difficult time. The answer to your question is unknown, but probably not until you pro vide more details and specifics. You will need to start by getting a copy of the current... Read more »
Their prices?.. I paid for a plastic surgery procedure and decided to do the procedure at a later date when the date arrive the plastic surgery place stated that the price of the procedure have increased but I have already paid it in full at an earlier time do they have the right to charge me an... Read more »
A Florida attorney could advise best, but your question remains open for three weeks. A basic doctrine of contract law that holds true nationwide is that the terms of a valid contract agreed upon by both sides will apply. But that is a general textbook principle. A Florida attorney who reviewed the... Read more »
We have been investing based on percentage.
You should review your business documents such as your Corporate Bylaws or LLC Operating Agreement. You would want to contact an attorney and have them take a look at the documents that you do have in place, and if there are none in place then it goes to state default statutes. You really need to... Read more »
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