Whether you're starting a new business or growing an existing one, your choice of legal and tax structure for the business is critical. LLC or Corporation? explains:
- the basics of the major business entities (sole-proprietorships, partnerships, LLCs, and corporations)
- how profits and losses are taxed in all business entities
- how corporate and personal tax rates play into the choice between LLCs and corporations
- why sole proprietorships and partnerships are usually a poor choice
- how to avoid being personally liable for business debts
- how to form each type of business entity
- how to convert from one business entity to another
Making the right choice will affect your bottom line in many ways — from what you pay in taxes to your ability to seek money from investors. LLC or Corporation? is packed with practical examples to help you make the best choice for your company.
This edition has been thoroughly updated with information on the latest corporate tax rate and new resources for business owners.
Product Details
ISBN-13: 9781413330205
Media Type: Paperback(Tenth Edition)
Publisher: NOLO
Publication Date: 08-29-2023
Pages: 296
Product Dimensions: 7.00(w) x 9.00(h) x 1.00(d)
About the Author
Anthony Mancuso is a corporations and limited liability company expert. A graduate of Hastings College of the Law in San Francisco, Tony is an active member of the California State Bar. Tony writes books and software in the fields of corporate and LLC law and has studied advanced business taxation at Golden Gate Universityin San Francisco. He also has been a consultant for Silicon Valley EDA (Electronic Design Automation) and other technology companies. He is currently employed at Google in Mountain View, California. Tony is the author of many Nolo books on forming and operating corporations (profit and nonprofit) and LLCs. Among his current books are The Corporate Records Handbook; How to Form a Nonprofit Corporation; Incorporate Your Business; Form Your Own Limited Liability Company; and LLC or Corporation? His books and software have shown over 500,000 businesses and organizations how to form and operate a corporation or an LLC. Tony is a licensed helicopter pilot and guitarist.
Table of Contents