Forming a limited liability company gives you the best of two business worlds -- the informality and tax benefits of a partnership or sole proprietorship, and the personal protection from business debts of a corporation.Form Your Own Limited Liability Company provides you with the step-by-step instructions and forms you need to form an LLC in your state, without the expense of hiring a lawyer. This bestseller covers how to: § choose a valid LLC name § prepare and file Articles of organization § set up a member-run or manager-run LLC § take care of ongoing legal and tax paperwork The 4rd edition has been revised and updated to reflect the latest IRS tax classification rules for LLCs. It also provides the most recent changes in laws for all 50 states. All forms are included as tear-outs and on CD-ROM.
"Good news from the IRS... you, too, can be an LLC. The advantage: profits are taxed just once, like a partnership, while personal liability is limited, like a corporation. [And now you can do it yourself with] Nolo's book on LLCs."
Business Week "Entrepreneurs can take advantage of the unique tax and legal benefits of the LLC for less than the cost of 10 minutes of their own lawyer's time."
Money Maker's Monthly "In typical straight forward Nolo fashion, this book explains everything from choosing a name to maintaining the LLC's legal and tax status."
Orange County Register