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Limit your liability, simplify taxes with an LLC
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.