Nolo's Quick LLC: All You Need to Know About Limited Liability Companies

Anthony Mancuso

Published by Nolo, 2011
ISBN 10: 1413313248 / ISBN 13: 9781413313246
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Synopsis: Get LLC answers and learn the basics of limited liability companies If you run your own business, you've probably heard about limited liability companies. Business owners who operate LLCs aren't personally liable for business debts, so their personal assets are never at risk. But is forming an LLC right for you?

Nolo's Quick LLC provides essential information for business owners in every state. In plain English, it explains the advantages and drawbacks of forming an LLC - including limiting your personal liability. Find out about:

  • who should - and shouldn't - form an LLC
  • how to operate an LLC without hassle
  • choosing between a member-run or a manager-run LLC
  • LLCs compared to corporations, partnerships and sole proprietorships
  • how to keep your tax status simple at the start
  • how to elect corporate tax treatment when (and if) you're ready
  • the ongoing legal and tax paperwork that's required

    Practical, concise and easy to read, the 6th edition of Nolo's Quick LLC provides the latest facts, figures and updated tax information you'll need to know about this structure for your small business.
  • From the Publisher: Small business owners alert! Form an LLC and protect your personal assets

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    Title: Nolo's Quick LLC: All You Need to Know About...
    Publisher: Nolo
    Publication Date: 2011
    Binding: Paperback
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