LLC Or Corporation?

LLC Or Corporation? PDF Author: Anthony Mancuso
Publisher: NOLO
ISBN: 9781413309058
Category : Business & Economics
Languages : en
Pages : 286

Get Book

Book Description
Your business has grown, and it's time to form either a corporation or a limited liability company. The question is "Which one?" It could be the most important question you'll answer. LLC or Corporation? explains: the basics of business entities; how your choice could affect your personal liability; how profits and losses are taxed; how to convert from one type to another; and doing business beyond your state. LLC or Corporation? is packed with real-world examples to help you make the best choice for your company.

LLC Or Corporation?

LLC Or Corporation? PDF Author: Anthony Mancuso
Publisher: NOLO
ISBN: 9781413309058
Category : Business & Economics
Languages : en
Pages : 286

Get Book

Book Description
Your business has grown, and it's time to form either a corporation or a limited liability company. The question is "Which one?" It could be the most important question you'll answer. LLC or Corporation? explains: the basics of business entities; how your choice could affect your personal liability; how profits and losses are taxed; how to convert from one type to another; and doing business beyond your state. LLC or Corporation? is packed with real-world examples to help you make the best choice for your company.

LLC or Corporation?

LLC or Corporation? PDF Author: Anthony Mancuso
Publisher: Nolo
ISBN: 1413328016
Category : Business & Economics
Languages : en
Pages : 373

Get Book

Book Description
LLC vs. C-Corp vs. S-Corp: The most important business decision you’ll make Whether you are starting a new business or thinking about an existing one, the big question is “Which legal structure is best?” The answer has important legal and tax consequences. LLC or Corporation? explains: the basics of all business entities why sole proprietorships and partnerships are usually a poor choice how to avoid being personally liable for business debts how to pay less tax by choosing the right entity how to convert from one business entity to another, and requirements for doing business out of state. LLC or Corporation? is packed with real-world examples to help you make the best choice for your company. The 9th edition is updated with COVID-related information for small businesses.

LLC Vs. S-Corp Vs. C-Corp

LLC Vs. S-Corp Vs. C-Corp PDF Author: Mike Piper
Publisher:
ISBN: 9781950967094
Category :
Languages : en
Pages : 118

Get Book

Book Description
The "LLC, S-Corp, or C-Corp" question is one of essential importance: Make the right decision, and you'll be paying less tax; you'll know your personal assets are protected from lawsuits against your business; and you might even save yourself some money on accounting and legal fees. Make the wrong decision, and you'll be paying an unnecessary amount of tax; you'll be wasting money on legal bills; and you'll be only a lawsuit away from losing your home and other personal assets. Find the following, explained in plain-English with no legal jargon: The basics of sole proprietorship, partnership, LLC, S-Corp, and C-Corp taxation. How to protect your personal assets from lawsuits against your business. When the protection offered by an LLC will work. (And more importantly, when it will not!) Which business structures could reduce your federal income tax or self-employment tax.

LLC Or Corporation?

LLC Or Corporation? PDF Author: Anthony Mancuso
Publisher:
ISBN: 9786610474127
Category :
Languages : en
Pages : 290

Get Book

Book Description
The only book devoted to the most important business decision you'll make. 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 answer. LLC or Corporation? will help you make the right choice with plain-Englis.

Incorporate Your Business

Incorporate Your Business PDF Author: Anthony Mancuso
Publisher: Nolo
ISBN: 1413328768
Category : Business & Economics
Languages : en
Pages : 320

Get Book

Book Description
This is a comprehensive, but easy-to-use guide for anyone who wants to form a corporation in any state. This edition is updated to cover all changes to state, federal, and tax law.

Choosing the Right Legal Form of Business

Choosing the Right Legal Form of Business PDF Author: Patricia Mitchell
Publisher: Atlantic Publishing Company
ISBN: 1601383010
Category : Business & Economics
Languages : en
Pages : 290

Get Book

Book Description
According the United States Small Business Administrationâe(tm)s most recently released date, there are more than 9 million small businesses in the United States and almost 250,000 new ones started every year. Of those new businesses, half will fail in the first 12 months and part of that failure is due to the lack of information about how to start and develop that business. Without the right legal form of business, you may end up paying too much in taxes, failing to comply with certain laws, or miss out on certain breaks that you deserve. This book provides you with a complete guide, discussing all four major forms of business, which one is right for you, and how your decision may affect you in the future. The first thing you will read about is the list of non-legal issues you need to deal with before you start the business creation process. In addition, you will learn which form of business is ideal for your particular situation with a short overview of each type, a comparison of what each offers, and how the legal implications of each might apply to you. You will learn specifically how to choose between an LLC and a corporation in instances where it might not be immediately clear which is best for you. You will also learn which special business structures are best suited to your needs if you do not fit into any of the four primary categories. The process of structuring a partnership is outlined, along with how to create a written agreement and how to change a partnership after the business has been created. You will also learn how to create a corporation, including the structure you will use, how to establish financing, the compensation you will provide yourself, whether you need a lawyer, the 13 step process of starting and filing your corporation, and what you need to do immediately afterwards. The number of members needed to create an LLC is provided as well, along with how to structure management and determine financing and compensation. Hours of careful interviews were conducted with successful small business owners and legal experts to help create a comprehensive collection of materials that will guide you through the processes above, as well as how to handle transition of ownership and the extended process of naming your business âe" including the legal implications of this process, what you need to know about trademarks and service marks, how to protect your own trademarks, and where to do name searches. The licensing and permit processes, as well as the tax structures for each business type, are included for federal, state, and local laws, while additional information is provided on how to build your home-based business as opposed to one in a physical location. If you are looking to create a new business and do not know which format is best for your needs, this book will walk you through each step of the selection process, making sure your new business meets all applicable laws and regulations.

Nolo's Quick LLC

Nolo's Quick LLC PDF Author: Anthony Mancuso
Publisher: Nolo
ISBN: 1413328288
Category : Business & Economics
Languages : en
Pages : 240

Get Book

Book Description
Our current economic climate has led many people to start their own businesses—by choice, necessity, or a little of each. And since everyone wants to limit their personal liability when starting a business, LLCs have become very popular. This book simplifies LLC concepts and helps the reader decide whether to form an LLC or some other type of business entity.

Form Your Own Limited Liability Company

Form Your Own Limited Liability Company PDF Author: Anthony Mancuso
Publisher: Nolo
ISBN: 1413328911
Category : Business & Economics
Languages : en
Pages : 225

Get Book

Book Description
Make your business an LLC Structuring your business as an LLC can bring important advantages: It lets you limit your personal liability for business debts and simplify your taxes. Here, you’ll find the key legal forms you need to create a single-member or multi-member LLC in your state, including: LLC articles of organization Operating agreement for member-managed LLC Operating agreement for manager-managed LLC LLC reservation of name letter, and Minutes of meeting form. Form Your Own Limited Liability Companyhas easy-to-understand instructions, including how to create an operating agreement that covers how profits and losses are divided and major business decisions are made. You’ll also learn how to choose a unique LLC name that meets state and federal legal requirements and how to take care of ongoing legal and tax paperwork. The 12th edition is completely revised to reflect the latest state and federal laws, including an overview of the CARES act and other resources for businesses impacted by COVID-19. With Downloadable Forms Download an operating agreement and other forms for your LLC, more details inside.

How to Form a Corporation LLC Or Partnership in Illinois

How to Form a Corporation LLC Or Partnership in Illinois PDF Author: W. Dean Brown
Publisher: Corporate Publishing Company
ISBN: 9781930617070
Category : Law
Languages : en
Pages : 160

Get Book

Book Description
Forming a corporation, limited liability company (LLC), or partnership is easy with the help of this instructive handbook. Includes full-size, fill-in-the-blank state and Federal forms, new business checklist, tax-saving strategies, stock certificates, and member certificates. Updated annually. (Legal Reference)

Limited Liability Companies For Dummies

Limited Liability Companies For Dummies PDF Author: Jennifer Reuting
Publisher: John Wiley & Sons
ISBN: 1119602122
Category : Business & Economics
Languages : en
Pages : 451

Get Book

Book Description
Become a savvy entrepreneur with your own LLC Limited Liability Companies For Dummies, 3rd Edition offers a clear, concise guide that explains the pros and cons of LLCs, and shares insider tips on everything from choosing your members and your company name to creating and filing your Articles of Organization and managing day-to-day operations. You'll find the most current, real-world advice on customizing an LLC for your specific business needs, creating a great operating agreement, keeping accurate records, and new information on federal regulations and fees that are applicable to LLCs, as well as a link to online tools, forms, and documents Most of the previous drawbacks to forming an LLC have all but disappeared with the IRS having loosened restrictions and individual states following suit. Because LLCs are now more flexible, they remain an attractive option for those launching a new business or reorganizing an existing business. This book shows how to form and tap into the power of an LLC: Keep up on the latest information on federal taxes, regulations, and fees Discover the advances in technology, including online tools that streamline the processes Get up-to-the minute documents and forms on new filing requirements Learn how to set-up a real estate LLC or an LLC among family members This hands-on guide addresses everything you need to know about LLCs, and will help you organize, launch, and run your business as a limited liability company just like the experts do! P.S. If you think this book seems familiar, youre probably right. The Dummies team updated the cover and design to give the book a fresh feel, but the content is the same as the previous release of Limited Liability Companies For Dummies (9781118852989). The book you see here shouldnt be considered a new or updated product. But if youre in the mood to learn something new, check out some of our other books. Were always writing about new topics!