by Jason M. Gordon | Feb 23, 2025 | Insurance & Risk Management
What is Commercial General Liability Insurance? Commercial General Liability (CGL) refers to a comprehensive insurance policy designed to provide liability insurance to you and your business. It provides protection against loss to a third party caused by either the...
by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is a Personal Service Corporation? A personal service corporation refers to a corporation purposely created by professionals to provide personal services and take advantages of a lower rate of taxation on profits. The owners of the corporation provide the...
by Jason M. Gordon | Feb 23, 2025 | Legal Disputes - Civil & Criminal Law
What is Extortion?Extortion is an act of forcefully obtaining something from an individual. Money and properties are what people often forcefully obtain using illegal means. In law, extortion is a crime because it entails using threats, violence and coercion to obtain...
by Jason M. Gordon | Feb 23, 2025 | Real Estate, Personal, & Intellectual Property
What is Millage Rate? The millage rate is an old term that refers to the tax rate levied on properties. Popularly called the mill rate, this tax rate is used in estimating property taxes imposed on properties. The millage rate is calculated as 1/1,000 of a dollar,...
by Jason M. Gordon | Feb 23, 2025 | Insurance & Risk Management
What is an Independent Agent? An independent agent is an insurance sales agent that sells several insurance policies belonging to different companies. Rather than become an agent for a single insurance company, an independent agent works for multiple insurance...
