As a reminder, the deadline to file a 2024 Florida Annual Uniform Business Report for your Corporation, Limited Liability Company, Limited Partnership, or Limited Liability Limited Partnership to maintain its active status with the State of Florida is May 1, 2024. A late fee of $400 will be added to the…
Florida landlords are often alarmed to learn their interest in their properties can be encumbered by liens arising from a tenant’s construction activities, even if the landlord was not involved in, or aware of, the work. Upon a sale of the property, the risk of tenant-initiated construction liens can become…
On March 11, 2024, the DOL will be returning to its pre-2021 framework for evaluating whether workers should be classified as independent contractors or employees. This distinction determines whether a worker may be entitled to overtime under the Fair Labor Standards Act for hours worked over 40 hours in any…
As discussed in our Real Estate Blog, the state-level sales tax rate on commercial lease payments will be reduced from 4.5% to 2.0% three months after Florida’s Unemployment Compensation Trust Fund (UCTF) is replenished to pre-pandemic levels. According to the recent forecast from the Florida Office of Economic and Demographic…
The Corporate Transparency Act (“CTA”) has arrived, ushering in a new era for Reporting Companies. This landmark legislation mandates crucial changes, making swift and accurate compliance a top priority. Entities must be proactive, with compliance deadlines varying based on their formation date. Deadlines: Entities formed during 2024 have a 90-day…