Tag: Florida Business Attorney

Alternative Dispute Resolution: Mediation vs. Arbitration

Alternative Dispute Resolution Alternative Dispute Resolution (ADR) is another way to settle disputes that do not require litigation. Arbitration and Mediation are two types ADR. Arbitration is the process for resolving disputes outside of a court using neutral third parties. Although mediation is essentially the same thing, there is a difference. Mediators usually have no authoritative…

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Florida LLCs

What is a Pass Through Entity? Most small business owners form what are called “pass-through” entities. Sole proprietorships, partnerships, LLCs and S Corporations are pass through entities for federal income tax purposes.  A pass through entity is a special business structure that reduces the effects of double taxation.  Pass through entities do not pay income taxes at…

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