#LegalBytes: The Official Podcast of Cummings & Cummings Law

Legal, tax, financial, accounting, and estate planning concepts for business owners and their families

#LegalBytes: The Official Podcast of Cummings & Cummings Law is a business podcast hosted by Cummings & Cummings Law, with 315 episodes on record and a Required Pod Score of 80.

Cummings & Cummings Law hosts #LegalBytes: The Official Podcast of Cummings & Cummings Law, a business show with 315 episodes published.

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  Episode #314

  How to move a corporation from Illinois to Florida [step-by-step process]

  Sep 29, 202611 min

  Attorney and CPA Chad D. Cummings notes that Florida is no longer waiting to be discovered. The Florida Chamber of Commerce is running a multimillion-dollar “Free Enterprise Florida” campaign on Chicago’s Interstate 55 that names Governor JB Pritzker runner-up for Florida Economic Developer of the Year. Chamber President Mark Wilson cites more than $2 billion of taxable income moving from Illinois to Florida and diverging population trends. The targets are specific: advanced manufacturing, aviation, and technology startups. Florida created a chief manufacturing officer to chase factory and headquarters dollars, not tourism slogans. Citadel’s move from Chicago to Miami is the visible precedent: payroll, executives, advisers, and the next hire follow the new center of gravity. The Chamber ran a similar effort in New York and says more states are coming. Companies do not pick locations in a vacuum. States now treat them as prospects. Florida and Texas impose no personal income tax. Redomestication can move an existing company without dissolving it. The billboards on the Stevenson Expressway are the loudest part of a recruitment strategy, not a joke. Learn how to transfer a corporation from Illinois to Florida : https://www.cummings.law/redomestication/redomesticate-corp-illinois-florida/

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  Episode #313

  How to transfer an Illinois LLC to Florida and keep the EIN [step-by-step]

  Sep 29, 202611 min

  Attorney and CPA Chad D. Cummings notes that West Palm Beach is adding a talent pipeline, not just another tower. Vanderbilt has filed a complete master plan for a nine-acre graduate campus in the Government Hill district: nine buildings, more than 300,000 square feet of academic space, four buildings about ten stories, and about 1,000 graduate students in business and technology, targeted for 2029. The investment is more than $300 million. Companies and executives can move quickly. Specialized labor is the constraint that shows up next. A recurring class of graduates trained for finance, technology, and management changes whether the next expansion can be staffed locally instead of imported. Universities plan in decades, not lease cycles. Faculty, research, alumni, and employer relationships stay. Florida and Texas impose no personal income tax. Redomestication can move an existing company without dissolving it. When companies, capital, and a university occupy the same downtown, a migration story starts to look like a market. Learn how to transfer an LLC from Illinois to Florida : https://www.cummings.law/redomestication/redomesticate-llc-illinois-florida/

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  Episode #312

  How to transfer a corporation to Texas from New York [step-by-step]

  Sep 28, 202612 min

  Attorney and CPA Chad D. Cummings notes that Morgan Stanley has chosen Dallas over Alpharetta, Georgia, for a new regional headquarters. Alpharetta already employs more than 3,000 Morgan Stanley people. Dallas still won about $684 million of direct investment and more than 3,800 new jobs. Texas is backing it with a $43.85 million Texas Enterprise Fund grant, the program’s largest financial-services award. The firm will occupy about 255,000 square feet at Fountain Place for a little more than four years, then move around 2031 into a new Uptown tower at 2401 McKinney Avenue under a 16-year lease. With Trammell Crow, total development is about $1.3 billion. Dallas previously approved incentives of up to $18.5 million. Banks pull lawyers, wealth managers, and risk professionals, which then pull the next bank. This is internal capital allocation, not flight from a city with no presence. Florida and Texas impose no personal income tax. Redomestication can move an existing company without dissolving it. A 16-year lease is how a financial center stops being a slogan. Learn how to transfer a corporation to Texas from New York : https://www.cummings.law/redomestication/redomesticate-corp-new-york-texas/

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  Episode #311

  How to transfer an LLC from New York to Texas [step-by-step]

  Sep 28, 202613 min

  Attorney and CPA Chad D. Cummings notes that the Texas Stock Exchange has moved from a pitch to a working primary venue. On September 16, Texas Capital transferred two ETFs from the New York Stock Exchange to TXSE. The next day Westwood Holdings launched the first new ETF on the exchange. Two more funds followed. Primary corporate listings are scheduled to begin October 5. Energy Transfer, Sunoco, USA Compression Partners, Dillard’s, and Texas Capital Bancshares are among the companies expected to trade primarily there. NYSE Texas and Nasdaq Texas already operate from Dallas, so TXSE is competing with New York institutions that have planted Texas flags of their own. Early funds have local ties, but the Calamos Timpani Active SMID Growth ETF listed September 21 without a Texas investment thesis. A handful of listings is not a new Wall Street. It is the machinery of public capital moving closer to Texas companies. Florida and Texas impose no personal income tax. Redomestication can change a company’s legal home without dissolving it. The test is whether issuers choose Dallas because the market works, not because the company is from Texas. Learn about how to transfer an LLC from New York to Texas : https://www.cummings.law/redomestication/redomesticate-llc-new-york-texas/

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  Episode #310

  Attorney and CPA: How to transfer a corporation to Florida from Georgia [step-by-step]

  Sep 25, 202612 min

  Attorney and CPA Chad D. Cummings notes that Florida’s migration story now includes a defense-technology cluster, not just headquarters. The Wall Street Journal reports the state’s military and defense industry generates about $102.6 billion in economic impact and more than 865,000 jobs. Florida hosts major commands covering Latin America, the Middle East, and special operations, plus Space Coast launch sites, which puts companies next to customers and infrastructure. The state is investing nearly $23 million in its defense industrial base. Palantir moved its global headquarters to Miami. Space-Eyes and Terran Orbital illustrate the local pipeline; Lockheed Martin later acquired Terran Orbital. Vanderbilt is expanding its West Palm Beach graduate campus from 1,000 to 2,000 students, including defense and national-security programs. Andreessen Horowitz’s American Dynamism office is one piece of that stack: capital, buyers, talent, and launch capacity in one place. Florida and Texas impose no personal income tax. Redomestication can move an existing company without dissolving it. Clusters last when the next company has a reason to start there, not merely open an office there. Learn how to transfer a corporation to Florida from Georgia : https://www.cummings.law/redomestication/redomesticate-corp-georgia-florida/

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