by Howard C. Stross | Dec 6, 2021 | Business Law, LLC, Small Business, Tax
Case Study: Arthur formed a corporation called Pick-Ups, Inc. Arthur was the corporation’s sole director, officer, and shareholder. The federal government sued Arthur, his wife, and the corporation to collect federal taxes. The court found the corporation was...
by Howard C. Stross | Jun 9, 2021 | Business Law, Small Business
There are many misconceptions and assumptions regarding the use and effectiveness of noncompete agreements in Florida. This is not too surprising considering that judicial enforcement of these agreements is very fact-intensive and situation-specific. Common Pitfalls...
by Howard C. Stross | May 25, 2021 | Business Law, LLC, Small Business
The owners of a limited liability company (LLC) are called members. At some point, an LLC member may find they want, or need, to withdraw from the LLC. That member, and the other members of the LLC, may wonder how to accomplish this. To properly withdraw from an LLC,...
by Howard C. Stross | Dec 16, 2020 | LLC, Business Law, Small Business
When starting a business, a business owner must first choose which type of entity to create. Two of the most popular entity types are the limited liability company (LLC) and the corporation. Choosing between these two types of entities can be difficult for business...
by Howard C. Stross | Aug 6, 2020 | Business Law, Buying and Selling a Business, Small Business
Contracts are an essential part of effective business management and development. Savvy business owners recognize the value of contracts but often explore ways to reduce the cost of obtaining them. Sometimes, business owners attempt to create their own contracts by...
by Howard C. Stross | Jul 25, 2020 | Asset Protection, Business Law, LLC, Small Business
Going into business for yourself for many Americans is a lifelong dream, although it is not without risk. From investing in goods and services and hiring employees to simply carrying out the daily tasks related to your business, each step has risks. This is especially...