Eric CruzBivins & Hemenway, P.A. is pleased to announce that the Tampa Connection has selected Eric Cruz to join its Board of Directors. Eric has been an active member of Tampa Connection since graduating from the Class of 2015. Most recently, Eric served as the Chair of the Community Service Subcommittee of its Alumni Committee and spearheaded a complete reorganization of the alumni community service program,
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Eric CruzAn important deadline for all business entities in Florida is fast approaching. All Florida business entities must file an annual report with the Division of Corporations by May 1st of each year. Late filings are subject to a late fee of $400.00 in addition to the regular filing fee, which is currently $150.00 for corporations and $138.75 for limited liability companies.
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Eric CruzThe first quarter due date for estimated tax payments to the Internal Revenue Service (“IRS”) is fast approaching, and will be here on Tuesday, April 18, 2017. It is important for individuals and business owners to review their tax situation and make this initial payment using the appropriate forms.
The IRS requires the withholding and pre-payment of at least 90 percent of your current tax obligation,
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Eric CruzUPDATE (December 1, 2016): A U.S. district judge in Texas has issued a preliminary injunction blocking the implementation of the new overtime rules until further notice or ruling. Please check back for more information.
Beginning on December 1, 2016, a new set of rules under the Fair Labor Standards Act (“FLSA”) will go into effect which will substantially impact employers throughout the United States.
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Eric CruzAn important deadline for all business entities in Florida is fast approaching. All Florida business entities must file an annual report with the Division of Corporations by May 1st of each year. Late filings are subject to a late fee of $400.00 in addition to the regular filing fee, which is currently $150.00 for corporations and $138.75 for limited liability companies.
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Eric CruzStarting October 3, 2015, the TILA-RESPA Integrated Disclosure rule (“TRID”), a new set of rules promulgated by the Consumer Financial Protection Bureau (“CFPB”), will go into effect. TRID will drastically change the way that most residential real estate transactions are handled by lenders and closing agents throughout the United States.
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Eric CruzAn important deadline for all business entities in Florida is fast approaching. All Florida business entities must file an annual report with the Division of Corporations by May 1st of each year. Late filings are subject to a late fee of $400.00 in addition to the regular filing fee, which is currently $150.00 for corporations and $138.75 for limited liability companies.
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Eric CruzSome of the most common questions received by our firm relate to landlord and tenant responsibilities in connection with the maintenance and repair of residential rental property. Although the lease governing the relationship between each landlord and tenant must be reviewed and analyzed in order to make a final determination as to each party’s responsibilities,
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Eric CruzMost residential real estate transactions are governed by the “As Is” Residential Contract for Sale and Purchase, a form contract which has been approved by both the Florida Bar and the Florida Realtors association. This contract is typically referred to as the “FARBAR” contract by both attorneys and realtors.
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Eric CruzEarlier this year, the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank”) implemented new rules and penalties relating to seller-financed real estate sales transactions as well as other private loans made on residential properties. These rules are part of Dodd-Frank’s general mission to “promote financial stability” and “protect consumers” in the United States.
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