Nolo's Quick LLC: All You Need to Know about Limited Liability Companies Best Sellers Rank : #2

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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--especially the way an LLC can protect personal assets from business debts. But LLCs aren't the best structure for every business.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 ownerswho should--and who shouldn't--form an LLChow to choose among an LLC, corporation, partnership, or other business formhow LLCs are taxedhow to manage multiple-owner LLCs, andwhy 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