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If you are a small business owner, investor, or high–net–worth individual you′ve probably been hearing a lot lately about the limited liability company. The hot new organizational structure that businesspeople and investors nationwide are rushing to take advantage of, the LLC combines all the tax benefits associated with partnerships with the limited liability protection of a corporation. Now legal in 48 states, LLCs are considerably cheaper, simpler, and easier to maintain than alternative organizational forms, including Subchapter S corporations and limited family partnerships. LLCs can own subsidiary companies; have greater flexibility in allocating profits; and can have an unlimited number of investors. LLCs are even better than limited partnerships for protecting assets.
Now you can find out how a limited liability company can work for you and exactly what you need to do to set up and operate one in the first complete guide, Starting a Limited Liability Company. Leading tax and estate planning attorney and bestselling business author Martin M. Shenkman and his coauthors:
The first complete guide of its kind, Starting a Limited Liability Company is an indispensable resource for small business owners, real estate investors, and accountants.
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