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

Get LLC answers from America's leading LLC expert.

If you run your own business, you've probably heard about limited liability companies. Business owners who operate LLCs aren't personally liable for business debts, so their personal assets are never at risk. But is an LLC right for you?

Nolo's Quick LLC provides essential information for business owners in every state. With plain English, it explains the advantages and drawbacks of forming an LLC - including limiting your personal liability.

Nolo's Quick LLC covers:

who should - and shouldn't - form an LLC

how to operate an LLC without hassle

choosing between a member-run or a manager-run LLC

LLCs compared to corporations, partnerships and sole proprietorships

how to keep your tax status simple at the start

how to elect corporate tax treatment when (and if) you're ready

the ongoing legal and tax paperwork that's required

Practical, concise and easy to read, this edition of Nolo's Quick LLC provides the latest facts, figures and updated tax information you'll need to know about this structure for your small business.