Tax Pitfall of Employer-Owned Life Insurance

What happens when a company loses its top salesperson to a tragic accident?  Imagine that the salesperson drove 40 percent of the company’s million-dollar-a-month revenue.  Can the remaining, less experienced sales staff compensate for the loss?  Do the...

May 1 Deadline Approaches for Florida Business Owners

The May 1 deadline for filing the Annual Report for legal entities formed in the State of Florida is approaching.  Whether you own or operate a corporation incorporated in Florida, a limited liability company organized under Florida law, or a general or limited...

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