During a time of economic uncertainty, one thing consistently on the rise has been the number of new limited liability companies. Enterprising people are using economic uncertainty as an opportunity to finally flex their entrepreneurial muscles. Limited Liability Companies For Dummies, 2nd Edition, provides clear, concise explanations on the pros and cons of LLCs and shares insider insights on everything from creating the LLC to managing its day-to-day operations. This revised edition will include 25% new and revised information, including the latest advances in technology (including online tools which streamline processes), up-to-the-minute information on federal and taxes and fees (including added benefits for LLC formers), new filing requirements, additional coverage of setting up real estate LLCs and LLCs with among family members, tailoring LLCs specifically for independent contractors (including online businesses), and much more. In addition, the author will completely revamp the books accompanying CD with new useful tools and forms, including a sample Buy-Sell Agreement, different variations on Operating Agreements, and the full gamut of documents needed to launch in each state.
Summary
Flex your entrepreneurial muscle with an LLC The previous drawbacks to forming an LLC have all but disappeared. The IRS has loosened the restrictions on entities electing partnership taxation and subsequently the states have loosened their requirements. Because LLCs are now more flexible entities than any that have ever existed, they remain an attractive option for those launchinga new or relaunching an existing business. Limited Liabilty Companies For Dummies is a clear, concise guide that explains the pros and cons of LLCs and shares insider insights on everything from choosing your members and your company name to creating and filing your Articles of Organization, to the day-to-day operation of your LLC. Plus, you'll the most current, real-world advice on customizing an LLC for your specific business needs. The latest information on federal taxes and fees New filing requirements and coverage of setting up real estate LLCs and LLCs among family members Accompanying CD includes updated tools and forms It's full-steam ahead for LLCs, and this hands-on guide addresses everything you need to know and more!
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