Understanding the IRS Moratorium on ERC Claims

The IRS has announced it will stop processing new Employee Retention Credit (or ERC) claims. But why has it ordered this moratorium? And how will it impact existing claims?    The knowledgeable attorneys at The Frazer Firm are here to provide you with all the information you need to know!     What is the ERC…

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Limitation Clauses: A Business Owner’s Guide

Even the most carefully managed businesses face legal risks that could potentially lead to significant financial losses. As an astute entrepreneur, finding ways to minimize liability should be at the top of your priority list. One powerful tool in achieving this goal is through the use of limitation of liability clauses.     Here, we discuss…

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How to Avoid a Commercial Loan Default & Foreclosure Litigation

When running a business, taking out a commercial real estate loan can be a necessary step to achieve financial stability and growth. However, there may come a time when repaying the loan on time becomes challenging and the possibility of defaulting arises.     In such cases, foreclosure litigation is likely to follow, which can be…

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Attorney-Client Privilege in a Business Organization – Who Does It Apply To?

When an individual is pursuing a personal injury claim against a negligent business or defending themselves against a criminal charge, attorney-client privilege ensures their communication with their legal representative remains private and confidential.    In these simple individual settings, the rules and regulations surrounding attorney-client privilege are fairly straightforward. In general, no outside parties are…

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Are Non-Compete Agreements Enforceable in Florida?

In the State of Florida, non-compete clauses in agreements are fraught with legal issues. Add to that, many states have already or are considering provisions to limit (or even ban) the use of non-compete agreements. This is a trend that is likely to continue. Particularly when taking the latest Federal Trade Commission (FTC) rule, if…

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What Is a Florida Multi-Member LLC Operating Agreement?

A Florida multi-member LLC operating agreement is an important legal document that outlines the rules and regulations of a Limited Liability Company (LLC). This document serves to define the rights, responsibilities, and obligations of all members involved in the LLC, as well as set out how decisions are made and how profits or losses should…

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Succession Planning: Preserve Your Business

Whether your business has been in the family for generations, or you founded and built it from the ground up yourself, you likely want to keep it going after you retire or pass away. Of course, you want to ensure a smooth transition to the new leadership that you have chosen. That’s where succession planning…

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Ways For An Established Business To Limit Legal Risk

Every company faces legal risks, no matter its size or industry. To protect their businesses and assets, understanding risk and compliance is essential for owners and stakeholders. If your business is not compliant with official rules and regulations, you may find your company wrapped up in costly litigation.     Consequently, your organization will spend time…

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