Nolo's Quick LLC: All You Need to Know about Limited Liability Companies (Paperback)

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Description


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--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. Learn:

  • the unique legal features of LLCs, including limited personal liability for owners
  • who should--and who shouldn't--form an LLC
  • how to choose an LLC, corporation, partnership, or other business form
  • how LLCs are taxed
  • how to manage multiple-owner LLCs, and
  • why an LLC can be the right choice even for a debt-troubled business.

What's New? The Tax Cuts and Jobs Act provides LLCs with a 20% deduction on their pass-through business income.

Product Details
ISBN: 9781413325898
ISBN-10: 1413325890
Publisher: NOLO
Publication Date: February 22nd, 2019
Pages: 224
Language: English