Insights

On January 1, 2024, the Corporate Transparency Act (the “CTA”) will take effect and may impact the disclosure requirements for you and your business. The CTA is an anti-money laundering law that aims to force bad actors to reveal ownership of various business structures. Congress states that bad actors seek…

As a reminder, sales tax due on commercial lease payments will soon be reduced. Effective December 1, 2023, Florida’s state sales tax rate on commercial lease payments (including base rent and additional rent) will decrease from 5.5% to 4.5%. The reductions are a result of House Bill 7063, which was…

Fraudulent filings on the Florida Secretary of State’s website, Sunbiz.org, are on the rise. Although many business owners and officers are familiar with Sunbiz.org and its business entity directories, most may not realize that the Sunbiz.org online filing portal has no verification process in place. This lack of verification may…

On May 8, 2023, Governor Ron DeSantis signed into law Florida Senate Bill 264, which prohibits the acquisition of certain types of Florida real estate by persons from so-called “Foreign Countries of Concern” (China, Russia, Iran, North Korea, Cuba, Venezuela, and Syria). The types of restricted property include agricultural land,…

Recently, the U.S. Department of Labor issued a new Family and Medical Leave Act (“FMLA”) poster. The new poster presents the information about the FMLA in a question-answer format, the DOL believes that presenting the information in this way will make it more employee friendly. Employers may continue to use…