Asset protection: Where you form an LLC can make a big difference
02 Jul 2015 Written by Eric C. BoughmanArticle written for: Orlando Business Journal
Limited liability companies have become the entity of choice for small business owners and are commonly used by professionals in asset protection planning. Choosing to form an LLC instead of a corporation may be prudent, but it raises the question of where to form the LLC. There are several factors to consider in deciding where to establish the entity. Picking the right LLC jurisdiction may be as important as the decision to use an LLC.
In 2010, the Florida Supreme Court issued a ruling that eviscerated the effectiveness of the Florida single member LLC for asset protection purposes.
It’s a Jungle Out There: A practical overview of so-called “Amazon” laws.
01 Sep 2014 Written by Kathryn P. Jones
Article Written for: AccountingToday.com
Given the remarkably rapid rise of internet commerce, it is no surprise that cash-strapped states are looking for ways to tap into (i.e., tax) the bountiful stream of internet commerce. To do so, states will expand the “nexus” of their taxing authority to reach online sales.
Article written for: Accounting Today
Limited liability companies have become the entity of choice for small business owners and are commonly utilized by professionals in asset protection planning.
Choosing to use the LLC over (for example) a corporation may be prudent but raises the question of where to form the LLC. There are several factors to consider in deciding where to establish the entity. Picking the right LLC jurisdiction may be as important as the decision to use an LLC.
