Structuring Your Business: From Corporations to LLCs - Everything You Need to Set Up Your Business by Michele Cagan
How a business owner decides to structure his business can have long-term ramifications on tax liability, profits, managerial control and personal liability. What's more, the variety and popularity of various options for structuring a business has grown in recent years - and has become more complicated with the passage of new legislation and changes in the tax code. Streetwise[registered] Structuring Your Business walks the reader through the maze of options, including corporations, sole proprietorships and partnerships. This authoritative work shows how to:- Decide on the best structure; Establish proper accounting methods; Handle taxes; Protect personal assets; Unlike other books on the market - which only focus on one structure, such as corporations or partnerships - this book is a comprehensive, up-to-date work that explains all of the options.