How to Form a LLC
Surprisingly Simple: LLC vs. S-Corp vs. C-Corp Explained in 100 Pages or Less
Mike Piper (Paperback – Jul 2009)
From the Publisher
The “LLC, S-Corp, or C-Corp” question is one of essential importance:
Make the right decision, and you’ll be paying less tax; you’ll know your personal assets are protected from lawsuits against your business; and you might even save yourself some money on accounting and legal fees.
Make the wrong decision, and you’ll be throwing away money to Uncle Sam; you’ll be wasting money on legal bills; and you’ll be only a lawsuit away from losing your home and other personal assets.
Find the following, explained in plain-English with no legal jargon:
The basics of sole proprietorship, partnership, LLC, S-Corp, and C-Corp taxation.
How to protect your personal assets from lawsuits against your business.
When the protection offered by an LLC will work. (And more importantly, when it will not!)
Which business structures could reduce your Federal income tax or Self-Employment Tax.
Which structures can reduce your chances of getting audited.
Why LLCs are so popular recently (and why-perhaps-they shouldn’t be).
The Best Tax Busting Business Structures: The 60 Minute Guide to Choosing an LLC, S Corp or C Corp
Nick Braun (Paperback – Oct 1, 2008)
Product Description
This book provides the clearest explanation you will find anywhere of the pros and cons of LLCs, S corps, C corps, sole proprietorships and partnerships. In just 60 minutes you will discover how to slash your taxes, protect your assets and cut your costs. Ideal reading for busy people who want fast answers to a complex question.
LLC OR CORPORATION? How to Choose the Right Form for Your Business
Anthony Mancuso Attorney (Paperback – Dec 8, 2008)
Inside This Book (learn more)
Key Phrases – Statistically Improbable Phrases (SIPs):
tax filing procedures, small business corporation, incorporate your business, entity classification election, business filing office website, corporation tax election, state filing office, corporation tax status, corporation tax treatment, corporate tax treatment, doing business out, state corporate filing office, payroll tax purposes, legal liability protection, intrastate business, tax termination, buying corporation, nonmanaging members, prior partnership, conversion scenarios, allocated profits, income tax basis, partnership tax return, income tax consequences, limited liability protection
Key Phrases – Capitalized Phrases (CAPs): (learn more)
Internal Revenue Code, New York, Securities Laws Procedures, Legal Procedures, Social Security, Anthony Mancuso, Quality Dinette, Income Tax Consequences of Conversion, Advance Lending, Surf Side, District of Columbia, United States, Crud Busters, Loss From Business, Revenue Ruling, Rackafrax Enterprises, Self-Employment Tax Status of Owners, Partner’s Share, Return of Partnership Income, Additional Considerations When Filing, Supreme Court, Skate City, Number of Shareholders, Piercing the Veil, Venice Beach
Limited Liabilty Companies Made E-Z
Limited Liabilty Companies Made E-Z [CD-ROM] [CD-ROM] (CD-ROM)
Product Description
A Limited Liability Company may be the best choice for your business if you want to combine the tax adventage of a partnership with the limited liability of a corporation. The LCC also protects personal assets while avoiding double taxation. Determine if the LCC is right for you, and avoid thousands of dollars in legal costs.
E-Z Software Business Law Library 4 CD Rom Discs
Made E-Z Products
A Complete library of resources to protect your business
Enforce your legal rights
Avoid misunderstandings
Save Costly legal fees
Save hundreds of hours of time
Product Description
A Complete library of resources to protect your business. Enforce your legal rights. Avoid misunderstandings. Save Costly legal fees. Save Costly legal fees. 4 CD Rom Discs. Disc #1 Everyday Legal Form and Agreements, Corporate Records, Everyday Law, Disc #2 Employment Law, Managing Employees, Collecting Unpaid Bills. Disc #3 Incorporation, Partnerships, Limited Liability Companies. Disc #4 Bankruptcy, Credit Repair and Solving Business Problems.
Socrates Media, LLC : Limited Liability Companies Software, Includes Instructions -:- Sold as 2 Packs of – 1 – / – Total of 2 Each
Socrates Media, LLC
Product Description
Socrates Media, LLC : Limited Liability Companies Software, Includes Instructions
Avoid costly legal fees. This easy-to-use e-book contains all the instructions and forms you need to set up and manage your own Limited Liability Company. An LLC gives you the tax advantages of a partnership and the liability protection of a corporation.:
Manufactured by.: Socrates Media, LLC
Adams Limited Liability Companies Forms on CD, White (SS4309)
TOPS Business Forms, Inc.
Technical Details
Programs for those who wish to establish a limited liability company on their own
Avoid costly legal fees
Print unlimited forms
Answers the questions and explains the tax benefits of an LLC
Offers a clear and easy-to-follow blueprint for setting up your Limited Liability Company
Product Description
Adams legal forms provide economical and easy to use solutions to assist you in estate planning, finances, and other important personal and business life issues. Adams Limited Liabilities Companies Forms on CD guides you through the process of setting up your business as an LLC, without paying expensive attorneys. This CD can be used by business owners who wish to establish a limited liability company on their own yet avoid costly legal fees. Print any of the included forms as many times as you need. The limited liability company is a relatively new hybrid type of business structure. It contains elements of both a traditional partnership and a corporation. Only in the last few years has it become available as a form of business in all 50 states and Washington D.C. Its uniqueness is that it offers the limited personal liability of a corporation. This CD answers the questions and explains the tax benefits of this type of business structure and offers a clear and easy-to-follow blueprint for setting up your Limited Liability Company. Whether it’s a multi-part form, notebooks, writing pads, record books, or any of the hundreds of items we offer, you can count on Adams products to help!
How to Use Limited Liability Companies & Limited Partnerships
Garrett Sutton (Paperback – Oct 1, 2009)
Product Description
Designed for entrepreneurs and individuals interested in starting their own business, this book provides an indepth study of how the special characteristics of limited partnerships and limited liability companies may be used to your advantage and to assist you in protecting assets, managing wealth and strategic estate planning to minimize taxes. It features strategic uses of limited liability companies and limited partnerships to hold real estate and other assets, how to easily manage and operate a limited liability company or limited partnership, how to creatively plan for your future and your family’s future, and how to follow the rules to keep your assets protected.
First Sentence:
This book is designed to explain how and when to use two of the most popular and powerful business entities available today. Read the first page
Key Phrases – Capitalized Phrases (CAPs): (learn more)
General Partnership, United States, Case Number, Frequently Asked Questions, Sole Proprietorship, Jack Smith, Maria Perez, Jill Jones, South Carolina, Articles of Incorporation, Internal Revenue Code, Altacian Corporate Services, Otto Schultz, Articles of Domestication, Jack Jones, Management Corp, Own Your Own Corporation, South Dakota, Certificate of Acceptance of Appointment, Exemption Rule, Feeney Fisher, Plan of Conversion, Pressman Holdings
Your Limited Liability Company: An Operating Manual (book with CD-Rom)
Anthony Mancuso Attorney (Paperback – Jul 25, 2007)
Product Description
The step-by-step guide to running your LLC!
Your Limited Liability Company gives you everything you need to maintain the legal validity of your LLC before the courts and the IRS. It helps you approve and document important legal, tax and business decisions to create a paper trail that avoids legal trouble.
The book shows you how to:
prepare minutes of meetings
record important legal, tax and business decisions
handle formal recordkeeping
fill out an LLC Records Book
Your Limited Liability Company provides all the documentation you’ll need, including:
minutes
written consents
checklists
over 50 ready-to-use resolutions
The 5th edition is completely updated and revised to include the latest laws and forms for all 50 states, as tear-outs and on CD-ROM.
List of Forms
Preparing for LLC Meetings
Meeting Summary Sheet
Meeting Participant List
Notice of Meeting
Acknowledgment of receipt of Notice of Meeting
Membership Voting Proxy
Certification of Mailing of Notice
LLC Minutes and Written Consents
Waiver of Notice of Meeting
Approval of LLC Minutes
Cover Letter for Approval of Minutes of LLC Meeting
Written Consent to Action Without Meeting
Standard LLC Business Resolutions
Authorization of Treasurer to Open and Use LLC Accounts
Authorization of Treasurer to Open and Use Specific LLC Account(s)
Authorization of LLC Account and Designation of Authorized Signers
Authorization of Rental of Safe Deposit Box
Adoption of Assumed LLC Name
Approval of Contract
Approval of Lease of Premises by LLC
Purchase of Real Property by LLC
Authorization of Sale of Real Property by LLC
Delegation of LLC Authority
Ratification of Contract or Transaction
Rescission of Authority
Certification of LLC Resolution
Affidavit of LLC Resolution
Acknowledgment
LLC Tax Resolutions
LLC Election of Corporate Tax Treatment
Approval of Independent Audit of LLC Financial Records
Approval of LLC Tax Year
Resolutions to Amend the LLC Articles and Operating Agreement
Approval of Amendment to Articles of Organization
Approval of Restatement of Articles of Organization
Amendment of Articles Form
Amendment of LLC Operating Agreement
Membership Resolutions
Approval of LLC Distribution
Approval of Additional Contributions of Capital by Members
Admission of New Member
Approval of Transfer of Membership
Approval of LLC Purchase of Interest of Withdrawing Member
LLC Hiring and Compensation Resolutions
Approval of LLC Hiring
Approval of Bonuses and Salary Increases
Approval of Independent Contractor Services
Appointment of LLC Officers
Authorization of Payment for Attending LLC Meetings
Annual Stipend for Attendance at LLC Meetings
LLC Indemnification and Insurance
Loans to the LLC
Authorization of Loan to LLC at Specific Terms
Authorization of Maximum Loan Amount to LLC
Authorization of LLC Representative to Borrow Funds on Behalf of LLC as Needed
Authorization of Loan Terms Secured by LLC Property
Authorization of Line of Credit
Authorization of Line of Credit With Cap on Each Transaction
Authorization of Line of Credit Secured by LLC Property Approval of Loan to the LLC
LLC Promissory Note: Installment Payments of Principal and Interest (Amortized Loan)
LLC Promissory Note: Installment Payments of Principal and Interest (Amortized Loan) Secured by LLC Property
LLC Promissory Note: Installment Payments of Principal and Interest (Amortized Loan) With Balloon Payment
LLC Promissory Note: Periodic Payments of Interest With Lump-Sum Principal Payment
LLC Promissory Note: Lump-Sum Payment of Principal and Interest on Specified Date
LLC Promissory Note: Lump-Sum Payment of Principal and Interest on Demand by Noteholder
LLC Promissory Note: Non-Uniform Schedule of Payments of Principal and Interest
Loans by the LLC
Approval of LLC Loan to Insider
Individual Promissory Note: Installment Payments of Principal and Interest (Amortized Loan)
Individual Promissory Note: Installment Payments of Principal and Interest (Amortized Loan) Secured by Property
Individual Promissory Note: Installment Payments of Principal and Interest (Amortized Loan) With Balloon Payment
Individual Promissory Note: Periodic Payments of Interest With Lump-Sum Principal Payment
Individual Promissory Note: Lump-Sum Payment of Principal and Interest on Specified Date
Individual Promissory Note: Lump-Sum Payment of Principal and Interest on Demand by Noteholder
Individual Promissory Note: Non-Uniform Schedule of Payments of Principal and Interest
Release of Promissory Note
Self-Interested Business Dealings between the LLC and Its Members or Managers
LLC Approval of Transaction Benefiting a Member or Manager
Starting a Limited Liability Company, 2nd Edition
Martin M. Shenkman, Samuel Weiner, Ivan Taback (Paperback – Feb 28, 2003)
Product Description
Everything you need to know to set up and operate an LLC
Combining the tax benefits of a partnership with the limited liability protection of a corporation, the LLC is one of the most popular and flexible forms of business organization for small business owners, investors, and wealthy individuals. Legal in all states, LLCs are safer, cheaper, simpler, or easier to maintain than alternative organizational forms, including Subchapter S corporations and limited family partnerships. And the benefits of LLCs are enormous: they can own subsidiary LLCs; have greater flexibility in allocating profits than an S corporation; can have an unlimited number of investors; and they are even better than limited partnerships for protecting assets.
Starting a Limited Liability Company, Second Edition shows you how an LLC can work for you and exactly what you need to do to set up and operate one. The updated second edition features completely revised and updated planning strategies, and new chapters on the one-member liability company, estate planning, home businesses, and more. You’ll also find:
Expert guidance on applying LLCs to operating a business, estate planning, protecting assets, real estate acquisitions, professional practices, avoiding ancillary probate, and venture capital operations
Plans and strategies for converting partnerships into LLCs and combining LLCs and trust planning
A detailed glossary, along with checklists and loads of sample legal forms that simplify the process
Starting a Limited Liability Company, Second Edition is ideal for small business owners and investors, especially real estate investors. It’s an indispensable resource that you can’t do without if you’re serious about forming your own LLC.
From the Back Cover
Everything you need to know to set up and operate an LLC
Combining the tax benefits of a partnership with the limited liability protection of a corporation, the LLC is one of the most popular and flexible forms of business organization for small business owners, investors, and wealthy individuals. Legal in all states, LLCs are safer, cheaper, simpler, or easier to maintain than alternative organizational forms, including Subchapter S corporations and limited family partnerships. And the benefits of LLCs are enormous: they can own subsidiary LLCs; have greater flexibility in allocating profits than an S corporation; can have an unlimited number of investors; and they are even better than limited partnerships for protecting assets.
Starting a Limited Liability Company, Second Edition shows you how an LLC can work for you and exactly what you need to do to set up and operate one. The updated second edition features completely revised and updated planning strategies, and new chapters on the one-member liability company, estate planning, home businesses, and more. You’ll also find:
Expert guidance on applying LLCs to operating a business, estate planning, protecting assets, real estate acquisitions, professional practices, avoiding ancillary probate, and venture capital operations
Plans and strategies for converting partnerships into LLCs and combining LLCs and trust planning
A detailed glossary, along with checklists and loads of sample legal forms that simplify the process
Starting a Limited Liability Company, Second Edition is ideal for small business owners and investors, especially real estate investors. It’s an indispensable resource that you can’t do without if you’re serious about forming your own LLC.
Form Your Own Limited Liability Company
Anthony Mancuso Attorney (Paperback – Oct 5, 2009)
Product Description
Everything you need to form your own LLC!
Limited liability companies provide the most flexible way of doing business: You get both the tax benefits of a partnership, and the personal protection from business debts provided to corporations.
Form Your Own Limited Liability Company provides you with the step-by-step instructions and forms you need to form an LLC in your state, without the expense of hiring a lawyer. This bestseller covers how to:
choose an LLC name
prepare and file articles of organization
decide on the best management structure
create an operating agreement
take care of ongoing legal and tax paperwork
The 6h edition has been carefully revised and updated to reflect the latest federal regulations, as well as the most current laws of all 50 states. All the forms you need are included on a CD-ROM. (20070201)
Guide to Limited Liability Companies (Ninth Edition)
CCH Tax Law Editors (Paperback – Dec 3, 2007)
Product Description
This revised edition provides a concise discussion of the limited liability company (LLC), the popular alternative business form for small- and medium-sized enterprises. This handy reference addresses the formation, operation and dissolution of the LLC, a vehicle that strategically combines the pass-through tax advantages and operational flexibility of the partnership with the limited liability of the corporation. The Guide explains, in clear language, key information about the benefits available within the LLC format. A synopsis of each state’s LLC statute enables you to quickly identify relevant planning opportunities or potential pitfalls. The Guide also includes helpful coverage of the other new entity attracting the attention of entrepreneurs and their business and financial advisers–the limited liability partnership (LLP). It also incorporates discussion of new and innovative planning techniques for LLCs in the areas of estate and financial planning and single member LLCs, as well as a discussion of international/hybrid entities. The Guide also covers limited liability limited partnerships (LLLPs). An increasing number of jurisdictions are recognizing LLLPs by statute and others allow their formation under an interpretation of the Uniform Partnership Act. Key areas covered include: – Choice of entity considerations – Comparison of LLCs with partnerships and S corporations – Enterprises where the use of the LLC is most appropriate – Administrative and procedural issues applicable to LLC formation – Manager/member rights and obligations – Contributions, distributions and allocations – Dissolutions, mergers and consolidations – Treatment of the foreign or professional LLC – Attributes of the LLP and its administrative particulars The Guide includes a sample LLC operating agreement and a detailed topical index, so users can quickly pinpoint items of interest. Latest changes to the Internal Revenue Code, as well as new regulations, rulings and cases, are reflected throughout the text through date of publication.
Equity Compensation for Limited Liability Companies (LLCs)
Brian Hector, Daniel Janich, Alan Nadel, Corey Rosen (Perfect Paperback – Sep 1, 2009)
Product Description
For many years, the most common advice on sharing equity with employees in a limited liability company (LLC) has been switch to S corporation status instead. The argument was that it was too complicated to share equity in an LLC. Yet many LLC leaders want to share equity with employees and have very good reasons for retaining their company’s status as an LLC. When we at the National Center for Employee Ownership (NCEO) asked experts in employee ownership law if it were possible to share equity in an LLC, the usual response was yes, but it is complicated. No one seemed to want to go into too much detail about just what these complications were, however.
This book exists so LLC owners and their advisors can finally get answers. It is, we believe, the only detailed exploration of equity compensation in LLCs available. The book starts with a general description of LLCs and an overview of the ways to share equity. Chapter 2 explores alternative approaches to designing plans. Chapter 3 provides more detail on the specific ways to share equity in an LLC, with a particular focus on tax issues. Chapter 4 describes the accounting issues. Chapter 5 describes equity sharing methods available in S or C corporations so readers can judge whether the broader range of choices for such corporations justifies switching from LLC status. Finally, the appendix provides a model LLC equity compensation plan, which is included in word-processing format on the book’s CD-ROM.
Cases and Materials on Corporations Including Partnerships and Limited Liability Companies (American Casebook)
Robert W. Hamilton, Jonathan R. Macey (Hardcover – Jul 18, 2007)
Product Description
Offering the traditional, solid approach of previous editions and now streamlined to include more topics for a one-semester course, Hamilton and Macey’s Cases and Materials on Corporations covers the law of business associations and corporations for introductory courses. The book discusses all forms of business organization, including limited-liability companies, partnerships, closely held corporations, publicly held corporations, and novel business forms. It also covers transactions in shares by directors and others; indemnification and insurance; and federal securities law, including insider trading, corporate governance, and the Private Securities Litigation Reform Act. Updated to include new developments, the book covers topics such as Sarbanes-Oxley and more aggressive posturing of the Delaware judiciary, which was revealed for being just that after the important Disney decision; recent developments in asset protection for investors in limited liability companies; the Securities Litigation Uniform Securities Act; new regulations about full disclosure by registered publicly held companies; and the independence of auditors, dirctors and special litigation committees.
Limited Liability Companies For Dummies
Jennifer Reuting (Paperback – Nov 28, 2007)
Product Description
What is a limited liability company? How is an LLC different from a corporation? Should you form an LLC for your business? Limited Liability Companies For Dummies, answers all of your questions about LLCs and demystifies the formation and management of these increasingly popular business entities.
This clear, concise guide 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. You’ll also find valuable tips on creating your Operating Agreement, saving on taxes, and avoiding bankruptcy and fraud. You’ll discover all the information you need to:
Decide if an LLC is right for you
Get the help you need to form your LLC
Form your LLC in or out of your own state
Lower LLC costs and fees
Convert an existing company to an LLC
Comply with state and local licensing issues
Use your LLC to protect your assets
File annual reports and research franchising fees
Issue membership shares
Dissolve or extend an LLC
Control LLC assets and debt
Keep your LLC intact
Packed with winning strategies for streamlining your business, protecting your assets, and passing your estate on to your heirs, Limited Liability Companies For Dummies gives you the power and the knowledge to take full advantage all the benefits your LLC has to offer.
From the Back Cover
Tips for reducing taxes, and avoiding bankruptcy and fraud
The fun and easy way to eliminate the guesswork in starting and running an LLC
Thinking about forming a Limited Liability Company? This clear, concise guide explains the pros and cons, sharing insider insight 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. You also get expert tips on creating your Operating Agreement, saving on taxes, and finding professional guidance.
Discover how to:
Decide if an LLC is right for you
Form your LLC in or out of your home state
Convert an existing company to an LLC
Address state and local licensing issues
Use your LLC to protect your assets
Your Limited Liability Company: An Operating Manual
Anthony Mancuso Attorney (Paperback – Jul 19, 2010)
Product Description
The step-by-step guide to running your LLC!
Your Limited Liability Company gives you everything you need to maintain the legal validity of your LLC before the courts and the IRS. It helps you approve and document important legal, tax and business decisions to create a paper trail that avoids legal trouble.
The book shows you how to:
prepare minutes of meetings
record important legal, tax and business decisions
handle formal recordkeeping
fill out an LLC Records Book
Your Limited Liability Company provides all the documentation you’ll need, including:
minutes
written consents
checklists
over 50 ready-to-use resolutions
The 6th edition has been updated and revised to include the latest laws, regulations and forms for all 50 states.
Limited Liability Company, 3rd Edition: Small Business Start-up Kit (Limited Liability Company: Small Business Start-Up Kit)
Daniel Sitarz (Paperback – Jun 25, 2007)
Product Description
This revised and updated 3rd Edition includes everything necessary to set up a limited liability company in any state or Washington DC. The enclosed CD includes all of the required forms in both PDF and text formats as well as Adobe Acrobat Reader software. This new edition also includes all available state-required forms in fillable PDF format. Also included in a review of state LLC laws for all 50 states and Washington DC.
Nolo’s Quick LLC.: All You Need to Know About Limited Liability Companies
Anthony Mancuso Attorney (Paperback – Feb 27, 2009)
Product Description
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, the 5th 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.
The Complete Limited Liability Company Kit (+ CD-ROM) (Complete Limited Liability Company Kit)
Warda (Paperback – Jun 1, 2005)
Product Description
This new version discusses the new tax advantages of forming a limited liability company. It helps the reader to develop and document important legal, tax and business decisions to create a paper trail that can avoid dispute. In addition, more and more states are allowing single-member limited liability companies.
Besides protecting assets from business debts, the LLC can protect business and family assets from personal liabilities. With so many people ready to sue for any reason or for no reason, the limited liability company is one of the few inexpensive protections left. Changes in federal LLC regulations as of January 2001 are addressed and explained.
This new edition contains updated and revised, state-by-state statutes and blank, tear-out forms for easy use.
How to Form and Operate a Limited Liability Company: A Do-It-Yourself Guide (How to Form & Operate a Limited Liability Company (W/CD))
Gregory C. Damman (Paperback – Jan 15, 2003)
Product Description
More and more professionals are forming limited liability companies (LLCs) to take advantage of their many benefits. LLCs provide partners with a corporate-style liability shield, protecting them from personal responsibility for the company’s debts and obligations.
This book explains LLCs in detail, helping readers to fully understand what an LLC is and how they can benefit from one.
Topics covered in this book include: What is an LLC? What types of companies can become an LLC? Advantages and disadvantages of forming an LLC, converting an existing busines to an LLC, the basics of LLC membership, the importance of an opening agreement, conducting and managing an LLC, and special tax considerations.
