Starting on January 1, 2024, under a new law called the Corporate Transparency Act (CTA), owners of certain business entities in Foley, AL, Gulf Shores, AL, and across the United States must file a report with the federal government including details regarding the ownership of their entity. The CTA was enacted to help combat money […]
When you decide to create a comprehensive estate plan, there are many things to consider, especially if you’re residing in or have connections to Foley, AL or Gulf Shores, AL. One crucial consideration is whether to tell your loved ones about your plan and how much information to share with them. Estate planning can be […]
Platforms such as Airbnb and VRBO have disrupted an industry once dominated by hotels and resorts, allowing individuals to open their homes and residential properties to travelers. The boom in short-term rentals has created new opportunities for investors who want to buy income-generating property. Nightly, weekly, and monthly rentals appeal to business and leisure travelers. […]
Buying a business and purchasing real estate are two very different investments. Business ownership typically requires some management skills and knowledge about market conditions, consumer trends, staffing, and finances. Ownership of real estate, on the other hand, requires considerable due diligence up front but generally offers passive growth with fewer management responsibilities. The skill sets […]
Small business owners in Baldwin County are no strangers to government regulations. There are many requirements that businesses must be aware of and comply with, including business license and permit rules. Most businesses must obtain licenses or permits, so it is important for each business to know which ones it needs. Business operations are regulated […]