Nolo's Quick LLC: All You Need to Know about Limited Liability Companies (Paperback)

Description

If you run your own business as a sole proprietorship or partnership, you've probably heard of the advantages of limited liability companies--especially the way an LLC can protect personal assets from business debts. LLC expert Anthony Mancuso clearly explains how to decide whether an LLC is right for you. Learn:

• the unique legal features of LLCs, including limited personal liability for owners
• who should--and who shouldn't--form an LLC
• when to choose an LLC instead of a corporation, partnership, or other business form
• how LLCs are taxed
• how to manage multiple-owner LLCs, and
• why an LLC can be the right choice even for a debt-troubled business.

What's New? An overview of the CARES Act and other resources for businesses impacted by COVID-19.