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Synopsis
As businesses grow, owners find themselves wondering if they should upgrade their legal structure to something more sophisticated, such as a limited liability company or a corporation. The question is, "Which one?" The answer isn't always clear -- but because your choice will affect the legal and tax status of your business, it's the most important question you'll answer. LLC or Corporation? will help you make the right choice with plain-English explanations of: · the basics of business entities · how each business entity protects you from personal liability · profits, losses and tax treatment · converting from one type of business entity to another · what to do if you conduct business out of state Making the right choice will affect your bottom line in many ways -- from what you pay for taxes, to your ability to seek money from investors. The book also provides conversion and formation scenarios that provide a real-world look at all the options available to you. This book is not really just for those starting a business. It’s actually aimed at anyone already in business who wants to determine if they should convert—for example—from a partnership to an LLC or from a sole proprietorship to a corporation. The 2nd edition includes the latest laws regarding business structures, as well as new tips on taxes.
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About the Author
Anthony Mancuso is a corporations and limited liability company expert. He is the author of Nolo’s bestselling titles on forming and operating corporations (both profit and nonprofit) and limited liability companies, including Form Your Own Limited Liability Company, Nolo’s Quick LLC, Your Limited Liability Company: An Operating Manual and Incorporate Your Business.Mr. Mancuso lives in Berkeley, CA.
"About this title" may belong to another edition of this title.
- PublisherNolo
- Publication date2007
- ISBN 10 141330558X
- ISBN 13 9781413305586
- BindingPaperback
- LanguageEnglish
- Edition number2
- Number of pages268
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LLC or Corporation? : How to Choose the Right Form for Your Business
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LLC or Corporation? : How to Choose the Right Form for Your Business
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