Nolo's Quick LLC - 12th Edition by Anthony Mancuso (Paperback)

About the Book

More
than ever, we are seeing a high level of interest in forming LLCs by new
entrepreneurs, many of whom don't know the first thing about LLCs. This book
provides readers without a business background an easy-to-read summary of
complex LLC issues, like how LLCs limit personal liability; how LLCs are taxed;
and how profits are split up. And the book is short and to the point, the
perfect length for readers who are impatient for answers and want to get
started.

Book Synopsis

Limit your liability, simplify taxes with an LLC

If you run your own business as a sole proprietorship or partnership, you've probably heard of the advantages of limited liability companies--especially the way an LLC can protect personal assets from business debts.

LLC expert Anthony Mancuso clearly explains how to decide whether an LLC is right for you. Learn:

• the unique legal features of LLCs, including limited personal liability for owners
  
• who should--and who shouldn't--form an LLC
  
• when to choose an LLC instead of a corporation, partnership, or other business form
  
• how LLCs are taxed
• how to manage multiple-owner LLCs, and
• why an LLC can be the right choice even for a debt-troubled business.

Attorney Anthony Mancuso is an LLC and corporations expert and author of many Nolo books, including Form Your Own Limited Liability Company, Incorporate Your Business, and How to Form a Nonprofit Corporation. Mancuso's books and software have helped more than 500,000 businesses and organizations get started and keep running.

Review Quotes

"Mancuso provides advice on how and why to form an LLC and gives guidance on dealing with members capital and profits interest, taxation or profits management, paperwork, and soliciting legal and tax help." Reference & Research Book News

"When it comes to self-help legal stuff, nobody does a better job than Nolo" USA TODAY

"An LLC can protect personal assets from business debts. Now in a fully updated and revised, "Nolo's Quick LLC: All You Need to Know About Limited Liability Companies" by attorney Anthony Mancuso clearly explains how to decide whether an LLC is right for you."Nolo's Quick LLC" covers: The unique legal features of LLCs, including limited personal liability for owners; Who should and who shouldn't form an LLC; How to choose an LLC, corporation, partnership, or other business form; How LLCs are taxed; How to manage multiple-owner LLCs; Why an LLC can be the right choice even for a debt-troubled business. It should be noted that The Tax Cuts and Jobs Act provides LLCs with a 20% deduction on their pass-through business income." Dunford's Bookshelf. The Midwest Book Review