LLC or Corporation? How to Choose the Right Form for Your Business (2nd edition) |
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ISBN: 1-4133-0558-X
You and your partner jointly own and run a delivery service. Business is so good that you're adding a fleet of new trucks. But with increased opportunity comes greater risk. So, after reading LLC or Corporation: How to Choose the Right Formfor Your Business, you convert the partnership to a limited liability company (LLC).
This way, you protect your personal assets while keeping the simplicity of using your individual income tax returns to pay taxes on your business income. If, later, you're making more money than you need to take home, you can convert the LLC to a corporation-and lower the tax rates on earnings kept in the business. His books have sold over 825,000 copies
In LLC or Corporation, Tony Mancuso shows you how to use business form as powerful tool for achieving your business goals. With many real-world examples, he demonstrates that the right choice of form affects your bottom line in many ways, from what you pay in taxes to your ability to seek money from investors.
You don't have to master all the details of tax law-but you do need to get the lay of the land. And Mancuso is a superb guide. The second edition of LLC or Corporation includes the latest changes in laws regarding business forms, as well as new tips on tax angles.
About the Author:
Attorney Anthony Mancuso is a corporations and limited liability company expert and the author of Nolo's bestselling titles on forming and operating corporations (both profit and nonprofit) and limited liability companies. His books and software have shown over a quarter of a million businesses and organizations how to form an LLC or incorporate. He also is a licensed helicopter pilot and has performed for years as a guitarist in many musical idioms. His books have sold over 825,000 copies.
