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A limited liability company can give your small business both tax benefits and protection from personal liability for business debts. But without careful record keeping, regular meetings, and formal minutes, you could use these advantages. Mancuso provides all the instructions and forms you need to maintain the legal validity of your LLC. -- adapted from back cover
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Learn how to form a nonprofit corporation in any state and gain 501(c)(3) tax-exempt status with the IRS. Includes step-by-step instructions for both IRS Form 1023 and the streamlined Form 1023-EZ federal tax-exemption application. Learn to choose a legal name; prepare articles of incorporation; create your bylaws; obtain federal and state tax-exempt status; prepare minutes for your organizational meeting; and, establish a corporate records book.
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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. But LLCs aren't the best structure for every business. 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....
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