Nolo's Quick LLC

All You Need to Know about Limited Liability Companies

By: Anthony Mancuso

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Paperback | 28 February 2023 | Edition Number 12

At a Glance

Paperback
208 Pages

Dimensions(cm)
22.86 x 17.78 x 1.91

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$58.75

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Limit your liability, simplify taxes with an LLC

If you run your own business as a sole proprietorship or partnership, you've probably heard of the advantages of limited liability companies (LLCs)--especially the way an LLC can protect personal assets from business debts. LLC expert Anthony Mancuso clearly explains how to decide whether an LLC is 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. Find out about:

the unique legal features of LLCs, including limited personal liability for owners
who should--and who shouldn't--form an LLC
when to choose an LLC instead of a corporation, partnership, or other business form
choosing between a member-management or manager-management LLC
how to manage multiple-owner LLCs
how LLCs are taxed
when and how to elect corporate tax treatment
the ongoing legal and tax paperwork required for LLCs, and
why an LLC can be the right choice even for a debt-troubled business.

Practical, concise and easy to read, this 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.

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