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LLC and Sole Proprietorship Comparison

Law Office of David M. Goldman PLLC represents individuals and Florida Businesses in Jacksonville and the surrounding areas in Florida Business law and Florida Business Formation. Our Florida Business Attorneys and Florida Business Lawyers work with clients in to help them choose the correct entity to use when conducting business.

The Florida Sole Proprietorship is similar to a single member LLC in control because one individual in each controls the business entity, but can be different in respect to the tax effects. If you select the default tax treatment for a Florida Limited Liability Company the owner or owners are taxed the as if they had a General Partnership or Sole Proprietorship. That is the income of the LLC will "Pass Through" to the individual and they will be taxed as if they had earned the income themselves.

While the Florida Sole Proprietorship offers no protection from liabilities of the business entity, a Florida Limited Liability Company will provide protection of the members' assets from company liability. In addition, if the Florida LLC is structured properly, the business assets can be protected from the personal liability of the members or owners.

The Florida LLC requires more formality than the Florida Sole Proprietorship. If you need help with starting or managing a Florida Business CONTACT our Florida Business Lawyers by email or call us at 904-685-1200 to discuss your situation today.

Client Reviews
★★★★★
After years of trying to protect my assets from creditors, I was shocked to find out that my assets were unprotected in ways I had never considered. Not only had I placed my assets at risk from my mother's creditors, but I had placed my assets at risk from other family members who were intent on manipulation. When my mother died, I discovered that a family member had changed my mother's estate planning documents. Mr. Goldman and his team were able to explain what went wrong and successfully defended my position in court. During the case, I learned that I could have had much better protection from family and creditors, thus avoiding years of litigation and undue familial stress. When it comes to protecting your assets and your family, I would highly recommend hiring Mr. Goldman and his team. Bill H.
★★★★★
As a real estate agent, I have been involved with many property transactions where I needed a probate attorney to help facilitate the transaction. I have used the services of Mr. Goldman and his staff over the last several years and continue to use them on a regular basis. His office has been able to navigate the court system and help estates sell their property quickly and efficiently. In addition, Mr. Goldman can help real estate investors structure trusts to protect their assets from creditors. Michael Starling
★★★★★
She’ll help you save money and time! I spoke to Holli today to help with a traffic violation and she was nothing less than amazing! She replied to all of my emails in a timely manner and insured that i was well aware of all of my options. I will be reccomending Holli to anyone i know that needs legal care! Thank you so much for having patience and taking the time to genuinely help me. The best part about it is that her advice saved me a ton of money because i spoke to a different lawyer from another law firm and they tried to make me pay $1250 without even asking about my case. Thanks again Holli, you’re amazing! Theara
★★★★★
Result better then we could have asked for. Holli Dean Is the Best Lawyer you could ask for. She will go above and beyond for you case, She Cares about your children and their safety . She has this calm about her that even when you are a nervous wreck makes you feel better. She is one and a million and we are so beyond blessed that she has be here for us. I wouldn't trust anyone but Holli. Dale
★★★★★
This office is fantastic. I was faced with a horrible situation and this office helped to put an end to the untenable situation. Ms. Kendal Schoepfer was always available before, during, and after office hours to answer any questions that I had. I highly recommend this law office to all. Tisha Brown
★★★★★
Kendal was an amazing answer to a difficult time. Highly recommend her!!! Dana Ramsey