LLC or Corporation?: How to Choose the Right Form for Your Business

Mancuso, Anthony

ISBN 10: 1413317472 / ISBN 13: 9781413317473

Published by NOLO, 2012

About this Item

Item in very good condition! Textbooks may not include supplemental items i.e. CDs, access codes etc. Seller Inventory # 00084435642

Bibliographic Details

Title: LLC or Corporation?: How to Choose the Right...

Publisher: NOLO

Publication Date: 2012

Binding: Soft cover

Condition: Very Good

Edition: 5th or later Edition

About this title

Synopsis:

Decide whether to form an LLC or a corporation -- the most important decision you'll make for your business

Your company has grown -- now it's time to upgrade your legal structure to something that will protect you and your assets, as well as provide other benefits. In other words, your business is ready to become either a corporation or a limited liability company.

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 need to 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 in taxes to your ability to seek money from investors. In LLC or Corporation? you'll find real-world conversion and formation scenarios that help to display all the options available to you.

This edition has been thoroughly and usefully updated with the latest resources for business owners and contains the newest information on small business taxes.

About the Author:

Anthony Mancuso is a corporations and limited liability company expert. He graduated from Hastings College of Law in San Francisco, is a member of the California State Bar, writes books and software in the fields of corporate and LLC law, and studies advanced business taxation at Golden Gate University in San Francisco. He is the author of several Nolo books on forming and operating corporations (both profit and nonprofit) and limited liability companies. His titles include Incorporate Your Business, How to Form a Nonprofit Corporation (national and California editions), Form Your Own Limited Liability Company, The Corporate Records Handbook, and LLC or Corporation?. His books and software have shown over a quarter of a million businesses and organizations how to form a corporation or LLC. He also is a licensed helicopter pilot and has performed for years as a guitarist.