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Limit your liability, simplify taxes with an LLCIf you run your own business, youve probably heard about limited liability companies. Cheap to set up and easier than a corporation to maintain, LLCs are more popular than ever. Business owners who operate LLCs arent personally liable for business debts, so their personal assets arent at risk - not usually, anyway. Before you form an LLC, you should understand the exceptions to this rule to make sure an LLC is right for you. Nolos Quick LLC provides essential information on LLC laws and trends for business owners in every state. In concise, plain English, Americas LLC expert explains the advantages and drawbacks of forming an LLC - including limiting your personal liability.



About the Author

Anthony Mancuso

Anthony Mancuso is a California attorney and a corporations and limited liability company expert. He graduated from Hastings College of Law in San Francisco, is a member of the California State Bar, writes books and software in the fields of corporate and LLC law, and has studied advanced business taxation at Golden Gate University in San Francisco. He also works as a technical writer, and is currently employed by Google.org in Mountain View, CA. He is the author of many Nolo books on forming and operating corporations (both profit and nonprofit) and limited liability companies. His titles include Incorporate Your Business, How to Form a Nonprofit Corporation (national and California editions) , Form Your Own Limited Liability Company, The Corporate Records Handbook, LLC or Corporation? , and Your Limited Liability Company - an Operating Manual. His books have shown over a quarter of a million businesses and organizations how to form a corporation or LLC. He also is a licensed helicopter pilot and has performed for years as a guitarist in various musical idioms.



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