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Limited Liability Companies For Dummies, 2nd Edition
John Wiley and Sons Ltd, Jan 2011, Pages: 384
Flex your entrepreneurial muscle with an LLC
The previous drawbacks to forming an LLC have all but disappeared. The IRS has loosened the restrictions on entities electing partnership taxation and subsequently the states have loosened their requirements. Because LLCs are now more flexible entities than any that have ever existed, they remain an attractive option for those launchinga new or relaunching an existing business.
Limited Liabilty Companies For Dummies is a clear, concise guide that explains the pros and cons of LLCs and shares insider insights on everything from choosing your members and your company name to creating and filing your Articles of Organization, to the day-to-day operation of your LLC. Plus, you'll the most current, real-world advice on customizing an LLC for your specific business needs.
-The latest information on federal taxes and fees
-New filing requirements and coverage of setting up real estate LLCs and LLCs among family members
-Accompanying CD includes updated tools and forms
It's full-steam ahead for LLCs, and this hands-on guide addresses everything you need to know and more!
Learn the ABCs of LLCs with Limited Liability Companies For Dummies
Limited Liability Companies (LLCs) are hybrid business structures that provide entrepreneurs and prospective business owners with personal asset protection, plus the tax advantages and operational flexibility of a partnership. It is one of easiest and most inexpensive forms of ownership to organize, but is it right for everyone?
The second edition of Limited Liability Companies For Dummies explains in step-by-step detail whether a LLC might be right for a reader, and how to successfully set up such a company. The book shares insider tips on the specific rules and requirements that vary based on location, as well as how to save on taxes, structure the partnership, convert an existing company to an LLC, hire professional help, and know when it might be time to dissolve the company. The book's accompanying CD-ROM enables readers to quickly and accurately prepare all the paperwork their state requires, virtually insuring the company will start right.
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