Nolo's Quick LLC.: All You Need to Know About Limited Liability Companies [Paperback]

Anthony Mancuso Attorney (Author)

Book Description

Publication Date: February 27, 2009

Get LLC answers from 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, so their personal assets are never at risk. But is an LLC right for you?

Nolo's Quick LLC provides essential information for business owners in every state. With plain English, it explains 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 without hassle

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

the ongoing legal and tax paperwork that's required

Practical, concise and easy to read, the 5th edition of Nolo's Quick LLC provides the latest facts, figures and updated tax information you'll need to know about this structure for your small business. (20090205)

Editorial Reviews

Review

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 )

"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 )

From the Publisher

Small business owners alert! Form an LLC and protect your personal assets

See all Editorial Reviews

Product Details

• Paperback: 224 pages
• Publisher: NOLO; 5 edition (February 27, 2009)
• Language: English
• ISBN-10: 1413309291
• ISBN-13: 978-1413309294
• Product Dimensions: 9 x 7 x 0.5 inches
• Shipping Weight: 12.8 ounces (View shipping rates and policies)
• Average Customer Review: 4.2 out of 5 stars  See all reviews (42 customer reviews)
• Amazon Best Sellers Rank: #969,349 in Books (See Top 100 in Books)

Customer Reviews

Most Helpful Customer Reviews

102 of 107 people found the following review helpful:

5.0 out of 5 stars LLC simple, October 31, 2000

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, October 16, 2002

By 

G. Nell - See all my reviews
(REAL NAME)   

Amazon Verified Purchase

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.

32 of 32 people found the following review helpful:

2.0 out of 5 stars Not "All You Need To Know", January 16, 2006

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".