In a Limited Liability Company (LLC), owners report business profits or losses on their personal income tax returns. The LLC itself is not a separate taxable entity. LLC owners are protected from personal liability for business debts and claims (limited liability). Only the assets of the business itself are at risk if the business owes money or faces a lawsuit.
You do not have to hire a lawyer to set up an LLC, but it is a good idea to have a Florida business lawyer read over paperwork to ensure that all forms and documents are completed accurately and in your best interest. At the same cost for setting up an LLC through any other registered agent, Ansbacher Law will set up your LLC and ensure the paper work is filled out properly and that your best interests are preserved.
Contact us today for additional information or to arrange a consultation with an Ansbacher Law attorney.
Hurricane Safety Tips | Here is What You Need to KnowAs Florida braces for Tropical Storm Isaias, we at Ansbacher Law felt it necessary to write up a short checklist regarding hurricane safety. Please continue reading to learn more. If you are preparing for a hurricane to hit, please make sure you take the following precautions: Have plans in place,…
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What You Need to Know About Florida’s Motorcycle Helmet LawsIf you are someone who rides a motorcycle in Florida, you are most likely wondering whether you are required to wear a helmet. Helmets are designed for your protection, so wearing one is always the smartest option, but do you have to? Please continue reading and speak with our experienced…
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What Every Property Buyer Should Know About “Legal Access”BY: Zach Roth, Board Certified Real Estate Attorney When considering whether to purchase real estate, one matter that should always be considered is access. Without access to the property, the owner may find it difficult to utilize the property for their intended purpose. Unless an exception appears in a title…
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