Publisher's Synopsis
Learn all you need to know about SMLLCs
Single-member LLCs are the business entity of choice for small businesses with one owner. With an SMLLC, you get personal liability protection, pass-through taxation, and flexibility of management. Nolo's Guide to Single-Member LLCs has all the essential information you need to decide whether an SMLLC is the right choice for your business. It explains:- how to form an SMLLC and why it can be a good business entity choice
- the attractive features of an SMLLC, such as pass-through taxation, personal liability protection, and flexibility of management
- how to choose the proper tax treatment for your SMLLC
- the tasks involved in running your SMLLC, like paying taxes, filing annual reports, and keeping proper records.
