Limited Liability Companies For Dummies - Softcover

Reuting, Jennifer

Softcover

ISBN 10: 0470881429 ISBN 13: 9780470881422

Publisher: Wiley Publishing, 2011

Synopsis

Flex your entrepreneurial muscle with an LLC

The previous drawbacks to forming an LLC have all but disappeared. The IRS has loosened the restrictions on entities electing partnership taxation and subsequently the states have loosened their requirements. Because LLCs are now more flexible entities than any that have ever existed, they remain an attractive option for those launchinga new or relaunching an existing business.

Limited Liabilty Companies For Dummies is a clear, concise guide that explains the pros and cons of LLCs and shares insider insights on everything from choosing your members and your company name to creating and filing your Articles of Organization, to the day-to-day operation of your LLC. Plus, you'll the most current, real-world advice on customizing an LLC for your specific business needs.

• The latest information on federal taxes and fees
• New filing requirements and coverage of setting up real estate LLCs and LLCs among family members
• Accompanying CD includes updated tools and forms

It's full-steam ahead for LLCs, and this hands-on guide addresses everything you need to know and more!

About this title

From the Back Cover

Your plain-English guide to the requirements and benefits of setting up and running an LLC

This clear, concise guide explains the pros and cons of LLCs and shares insider insight on everything from choosing your members and your company name to creating and filing your Articles of Organization, to the day-to-day operation of your LLC. It's full steam ahead for LLCs, and this hands-on guide addresses everything you need to know and more!

• The ABCs of LLCs — get the 4-1-1 on popular uses for LLCs and determine whether it's right for your unique business needs

• It's all in a name — find out how to establish the best name for your LLC, determine its availability, and get trusted guidance on how to register and preserve it

• Bring in the big guns — discover how to successfully convert your current business into an LLC and create and file your company's articles of organization

• Make cents of taxes — understand the different tax categories, elect your tax status, and get valuable tips on working with accountants

Open the book and find:

• Awesome tax advantages of LLCs

• Tips for filing LLCs operating in multiple states

• Advice for assembling your team

• How to maintain your records (and your sanity)

• How to protect your real estate with LLCs

• How to protect your estate and avoid probate with an LLC

• Ten ways to maintain your liability protection

• A helpful appendix listing LLC formation information by state

Learn to:

• Flex your entrepreneurial muscles during a time of economic uncertainty

• Understand the pros and cons of LLCs

• Manage the day-to-day operations of running an LLC

Work with tools, forms, and documents on the accompanying CD

Bonus CD Includes

More than 200 customizable forms, letters, and spreadsheets to help your business run smoothly

Please see the CD appendix for details and complete system requirements.

About the Author

Jennifer Reuting has helped thousands of businesses get started through her companies MyLLC.com and InCorp. She is at the forefront of recent changes in starting and structuring LLCs.

Edition details

• Publisher: Wiley Publishing
• Publication date: 2011
• ISBN 10: 0470881429
• ISBN 13: 9780470881422
• Binding: Paperback
• Language: English
• Edition number: 2
• Number of pages: 384