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Form Your Own Limited Liability Company Paperback – June, 1996


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Paperback, June, 1996
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Editorial Reviews

Review

Good news from the IRS... you, too, can be an LLC. The advantage: profits are taxed just once, like a partnership, while personal liability is limited, like a corporation. [And now you can do it yourself with] Nolo's book on LLCs. (BusinessWeek 20090101)

Armed with this book, entrepreneurs... can take advantage of the unique tax and legal benefits of the LLC for less than the cost of 10 minutes of their own lawyer's time. (Money Maker's Monthly )

In typical straightforward Nolo fashion, this book explains everything from choosing a name to maintaining the LLC's legal and tax status. (Orange County Register ) --This text refers to an out of print or unavailable edition of this title.

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 has also been a consultant for Silicon Valley EDA (Electronic Design Automation) companies, most recently working on a C++ open-source integrated circuit database project team. 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?. He wrote and programmed Nolo's LLC Maker and Incorporator Pro software programs, which generate state-by-state articles and other forms for organizing corporations and LLCs. 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 in many musical idioms. --This text refers to an out of print or unavailable edition of this title.
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Product Details

  • Paperback: 368 pages
  • Publisher: Nolo.com Books; 1st edition (June 1996)
  • Language: English
  • ISBN-10: 0873373073
  • ISBN-13: 978-0873373074
  • Product Dimensions: 0.8 x 8.5 x 11 inches
  • Shipping Weight: 1.7 pounds
  • Average Customer Review: 4.1 out of 5 stars  See all reviews (28 customer reviews)
  • Amazon Best Sellers Rank: #1,967,972 in Books (See Top 100 in Books)

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Customer Reviews

This is a very well written book.
The Paperwork People LLC
This book is an excellent tool to form an LLC.
Julio Salazar
This book is very complete and up to date.
Donna Conrad

Most Helpful Customer Reviews

48 of 48 people found the following review helpful By A Customer on April 19, 2000
Format: Paperback
I found this book extremely helpful in getting my LLC set up - saved on lawyer's fees for sure! The disk provides sample forms that were useful as well. I bought 3 different books on this subject, and ended up using only this one - highly recommend it if you want the specific administrative details on setting up your LLC.
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38 of 40 people found the following review helpful By A Customer on November 17, 2000
Format: Paperback Verified Purchase
I bought this book when I started my business and I refer to it constantly. While it is geared toward LLCs, it offers information on other business entities such as sole proprietorships, partnerships, C Corp.s and S corporations to help you decide what is best for you. It provides all the guidance needed to establish and maintain an LLC. I made the mistake of loaning the book out once and had to ask for it back because I use it so much. It has an entire section on maintaining an LLC after it is established to help keep records and legalities straight. Well worth the money!
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67 of 75 people found the following review helpful By A. McFadden on August 1, 2002
Format: Paperback
This book has a good explanation of the ins and outs of forming an LLC. However, in most cases, you create an LLC by filling the blanks in a state form, and then optionally create an Operating Agreement by filling in the blanks in a sample version included in the book.
The value of this book is in the state-by-state reference and in the sample Operating Agreement (and accompanying explanations). It doesn't tell you much of anything about what else you need to do to start a business or run it, referring you to other books written by the author.
Given the relatively light content, I wouldn't have expected it to be on the high end price range of Nolo's offerings. The book's real value for me was filling in some gaps in Nolo's excellent "Small Business Start-Up Kit for California" by Peri Pakroo.
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31 of 35 people found the following review helpful By Donna Conrad on May 23, 2004
Format: Paperback
After searching the internet and carefully reading information available here at Amazon and not getting anywhere, I was able to find out about this great book from a chance meeting with a successful businessman in a book store.
This book is very complete and up to date. I am very satisfied with the contents. On the other hand, I have bought some very heavily promoted books here at Amazon and was vastly dissappointed.
I don't know who is pushing those books, but I doubt if they have read or applied any of the information.
Some other books that I do recommend are How To Form Your Own "S" Corporation and avoid double taxation by Robert Friedman, How To Form and Operate a Limited Liability Company by Gregary Damman, Nolo's Quick LLC by Anthony Mancuso, How To Use Limited Liability Companies by Garret Sutton and How To Launch a Business and Incorporate in Any State by J.W.Dicks.
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22 of 24 people found the following review helpful By A Customer on May 17, 2004
Format: Paperback
This book was a life-saver! Unless you have thousands of dollars lying around to waste on legal fees, I strongly recommend you pick up this book. Its step-by-step, plain english instructions and form-filled CD-ROM make it super-easy to use. It gives you all of the information you'll need both to start up your LLC and to maintain it once its established. Mancuso walks you though every step from naming your LLC, to preparing an Operating Agreement, to taking care of the endless legal and tax paperwork.
And I'm not just talking hypothetically, I used this book to form my own LLC and personally know three other business owners who have used it either when starting up or while switching from a partnership to and LLC. My company is going strong and thanks to this book I get both the flexibility of a partnership and the protection of a corporation. This is a great buy!
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17 of 18 people found the following review helpful By A reader from Taos, NM on December 5, 2001
Format: Paperback
An excellent intro to LLC's, in a generic sort of way. However, the sample operating agreements leave much to be desired...there are more thorough versions out there. In addition, the differences between the various state laws on LLC's make it necessary that you consult an attorney just to be on the safe side. Overall, I would recommend this to anyone who is thinking about getting into business.
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21 of 24 people found the following review helpful By John Matlock on March 2, 2006
Format: Paperback
A limited liability company is a relatively recent addition to the traditional forms of companies. It has some fo the advantages of a corporation, and the tax advantages of a partnership, sole proprietorship or corporation depending on the desires of the owners. It is not suitable for all organizations, but if you are considering one, here is the place to start.

If you go to an attorney to get him to set up an limited liability corporation, he will ask you a bunch of questions, write down the answers and get his secretary or paralegal to type these answers into their standard LLC form on their word processor. She will then press the print button and you get billed for a thousand dollars or so.

Anthony Mancuso is a corporations attorney licensed to practice law in California. He decided to take his standard corporate form and put it out in the form of a book. In the book he will ask you a bunch of questions, taking the time to point out the alternatives (that a lawyer probably doesn't do unless asked. You then take his standard corporation form (supplied on a CD) and fill in the answers. Files these with the appropriate offices and you have a corporation for only the filing fees the state charges.

Well, maybe it's not quite that easy. The LLC is a new form of business. I'd suggest that you read and consider the forms contained here, but then I'd have an attorney in your state review them, just to be sure.
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