Chapter 222 of the Florida Statutes contains the statutory exemptions that protect certain assets from attachment or garnishment under Florida law.  Historically, the statutory exemptions have been liberally construed in favor of protecting the debtor against creditor claims to exempt assets.  A recent, albeit unpublished decision from the United States…

On August 24, 2022, the Internal Revenue Service (“IRS”) released Notice 2022-36, which provides relief for eligible taxpayers from failure to file penalties for specified tax returns for the 2019 and 2020 tax years that are filed on or before September 30, 2022.  The Department of the Treasury and the…

When a business owner receives a letter of intent from a buyer to purchase their business, the business owner may be surprised to learn that the transaction is contingent on the underlying business entity engaging in an “F” reorganization.  The business owner may be curious as to why a potential…