Nolo Press It's time to upgrade your legal structure -- but how? LLC or Corporation? is the only book that explains each of these business structures, how they differ, and how each will affect your bottom line. Make the right decision with thorough information on:
the basics of business entities
profits, losses and tax treatment
converting from one type of business entity to another
Choose the legal entity with the best legal and tax advantages
Whether you are starting a new business or thinking about an existing one, the big question is "which legal structure is best?" The answer has important legal and tax consequences.
LLC or Corporation? explains:
the basics of all business entities
why sole proprietorships and partnerships are usually a poor choice
how to avoid being personally liable for business debts
how profits and losses are taxed in all business entities
how to convert from one business entity to another,
doing business beyond your state.
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 real-world examples to help you make the best choice for your company.