Written by America's leading LLC expert! If you run your own business, you've probably heard about limited liability companies. Business owners who operate LLCs aren't personally liable for business debts. But is an LLC right for you? Nolo's Quick LLC provides essential information for business owners in every state. It explains, in plain English, the advantages and drawbacks of forming an LLC -- including limiting your personal liability. Nolo's Quick LLC covers who should -- and shouldn't -- form an LLC, how to operate an LLC easily, choosing between a member-run or a manager-run LLC, LLCs compared to corporations, partnerships and sole proprietorships, how to keep your tax status simple at the start, how to elect corporate tax treatment when (and if) you're ready and the ongoing legal and tax paperwork that's required. Practical, concise and easy to read, the 4th edition of Nolo's Quick LLC provides the latest facts, figures and tax information you need to know about this valuable business option.
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Book Description
Editorial Reviews
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"Nolo has been publishing excellent self-help legal manuals since 1971." -- Kiplinger's Personal Finance Magazine
"Nolo publications... guide people simply through the how, when, where and why of the law." -- The Washington Post
"When it comes to self-help legal stuff, nobody does a better job than Nolo." -- USA Today
"Nolo publications... guide people simply through the how, when, where and why of the law." -- The Washington Post
"When it comes to self-help legal stuff, nobody does a better job than Nolo." -- USA Today
From the Publisher
Small business owners alert! Form an LLC and protect your personal assets
--This text refers to an out of print or unavailable edition of this title.
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Most Helpful Customer Reviews
101 of 106 people found the following review helpful:
5.0 out of 5 stars
LLC simple,
By A Customer
This review is from: Nolo's Quick LLC: All You Need to Know About Limited Liability Companies (Legal Basic Series) (Paperback)
I recently bought this book and found it to be very informative and to the point. I looked at other books, but most were wordy. My time is limited and I needed a book that would provide me the info without the fluff. There is a good state information section that provides info like Addresses, URLs, Legal URLs, Name Requirements, and form descriptions. The actual forms are not provided but the resource is given. I would recommend this book for someone looking for enough information to answer your questions and give you guidance in going forward.
41 of 42 people found the following review helpful:
5.0 out of 5 stars
Very informative,
Amazon Verified Purchase(What's this?)
This review is from: Nolo's Quick LLC: All You Need to Know About Limited Liability Companies (Legal Basic Series) (Paperback)
This book breaks what you need to know to form an LLC down nicely and easily by chapter. You can skip around if you'd like, but I wanted to make sure I knew everything about the topic and read it straight through. Full of helpful examples to illustrate the concepts just presented. Definitely recommend to others looking to learn about corporate structures and most specifically, the LLC.
31 of 31 people found the following review helpful:
2.0 out of 5 stars
Not "All You Need To Know",
By FD (California) - See all my reviews
This review is from: Nolo's Quick LLC: All You Need to Know About Limited Liability Companies (Legal Basic Series) (Paperback)
I was hoping to be able to set up the LCC with this book, but apparently I needed to get the "How to Form an LLC" book (which I'm NOT going to do).
I've read the Nolo California Corporations book and it already covered much of the info here. What I was looking for was help with writing good articles of organization and operating agreement (specifically for a 1-person LLC). The operating agreement example he gives is not specific to a one-person firm. A prudent person might change the language in his example operating agreement to reflect that the LLC is composed of just one person. Also, the book does not cover the fact that in CA you can specify additional info in the Articles, such as rules for admitting new members. Awfully light for "All you need to know".
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Inside This Book
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Key Phrases - Statistically Improbable Phrases (SIPs):
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second postponed meeting, electing corporate tax treatment, similar organizational document, limited personal liability protection, corporate tax election, nonmanaging members, small business lawyer, legal coach, personal liability for business debts, filing office, operating agreement, organizational papers, limited liability protection, membership interests, allocated profits, income splitting, membership units, departing member, individual tax rates, special allocations, charging order, income tax treatment, stock structure Key Phrases - Capitalized Phrases (CAPs): (learn more)
Social Security, Anthony Mancuso, Business Structures Comparison Table-Legal Characteristics, Neon Big-Lock Clock, Sole Proprietorship General Partnership Limited Partnership, Corporations Compared, Number of Shareholders, Tasty Treats, District of Columbia, Flexible Management Structure, San Estudillo New!
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Front Cover | Table of Contents | First Pages | Index | Surprise Me!
second postponed meeting, electing corporate tax treatment, similar organizational document, limited personal liability protection, corporate tax election, nonmanaging members, small business lawyer, legal coach, personal liability for business debts, filing office, operating agreement, organizational papers, limited liability protection, membership interests, allocated profits, income splitting, membership units, departing member, individual tax rates, special allocations, charging order, income tax treatment, stock structure Key Phrases - Capitalized Phrases (CAPs): (learn more)
Social Security, Anthony Mancuso, Business Structures Comparison Table-Legal Characteristics, Neon Big-Lock Clock, Sole Proprietorship General Partnership Limited Partnership, Corporations Compared, Number of Shareholders, Tasty Treats, District of Columbia, Flexible Management Structure, San Estudillo New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Surprise Me!
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