Surprisingly Simple: LLC vs. S-Corp vs. C-Corp Explained in 100 Pages or Less [Paperback]

Mike Piper (Author)

Book Description

Publication Date: July 2009

The "LLC, S-Corp, or C-Corp" question is one of essential importance:
Make the right decision, and you'll be paying less tax; you'll know your personal assets are protected from lawsuits against your business; and you might even save yourself some money on accounting and legal fees.
Make the wrong decision, and you'll be throwing away money to Uncle Sam; you'll be wasting money on legal bills; and you'll be only a lawsuit away from losing your home and other personal assets.

Find the following, explained in plain-English with no legal jargon:
The basics of sole proprietorship, partnership, LLC, S-Corp, and C-Corp taxation.
How to protect your personal assets from lawsuits against your business.
When the protection offered by an LLC will work. (And more importantly, when it will not!)
Which business structures could reduce your Federal income tax or Self-Employment Tax.
Which structures can reduce your chances of getting audited.
Why LLCs are so popular recently (and why-perhaps-they shouldn't be).

--This text refers to the Kindle Edition edition.

Editorial Reviews

From the Author

A newer edition of this book is available. The new edition's title is: LLC vs. S-Corp vs. C-Corp Explained in 100 Pages or Less

Product Details

• Paperback: 100 pages
• Publisher: Simple Subjects, LLC (July 2009)
• Language: English
• ISBN-10: 0981454208
• ISBN-13: 978-0981454207
• Product Dimensions: 5 x 8 x 0.3 inches
• Shipping Weight: 4.8 ounces (View shipping rates and policies)
• Average Customer Review: 4.4 out of 5 stars  See all reviews (15 customer reviews)
• Amazon Best Sellers Rank: #80,265 in Books (See Top 100 in Books)
  • #31 in Books > Business & Investing > Skills > Bookkeeping

More About the Author

Mike Piper is the author of 7 personal finance books and the popular blog Oblivious Investor (obliviousinvestor.com). He is a Missouri Licensed CPA.

Customer Reviews

Most Helpful Customer Reviews

27 of 27 people found the following review helpful:

3.0 out of 5 stars This is an old edition. A newer version is available., January 2, 2012

By 

Mike Piper (St. Louis, MO) - See all my reviews

Amazon Verified Purchase

This review is from: Surprisingly Simple: LLC vs. S-Corp vs. C-Corp Explained in 100 Pages or Less (Paperback)

A heads-up from the author: This is an old edition. A newer edition is available. The title of the new edition is slightly different: LLC vs. S-Corp vs. C-Corp Explained in 100 Pages or Less

I apologize for having to do this via a review, but I've been unable to get the two editions linked on this site.

25 of 27 people found the following review helpful:

5.0 out of 5 stars A simple, yet thorough, examination, February 15, 2008

By 

J. Headley - See all my reviews
(REAL NAME)   

This review is from: Surprisingly Simple: LLC vs. S-Corp vs. C-Corp Explained in 100 Pages or Less (Paperback)

It's tough to find a decent, simple, easy-to-follow examination of the differences between an LLC, S-Corp, and C-Corp. When my accountant started telling me about this stuff, my head nearly imploded. Further research on making the right choice wasn't helpful at all. In fact, in some cases, it only made things worse. But this book was as illuminating as the big, shiny lightbulb on its cover. I even uncovered a key item that my accountant had forgotten to mention. Can't recommend this book enough.

12 of 12 people found the following review helpful:

5.0 out of 5 stars Clear, concise summary of business entities, February 4, 2008

By 

Stephen M. Orth (Seattle, WA) - See all my reviews
(REAL NAME)   

This review is from: Surprisingly Simple: LLC vs. S-Corp vs. C-Corp Explained in 100 Pages or Less (Paperback)

This book couldn't have come at a better time-- I'm in the process of starting my own software consulting business and I have spent weeks agonizing over which type of entity to create for my new company. Mike's book was an invaluable resource in helping me to understand the pros and cons, from both the tax and legal perspective, of each entity. A must read if you're about to take the plunge into the world of small business!