Your Limited Liability Company: An Operating Manual FROM THE PUBLISHER
Limited liability companies offer both the personal protection from business debts of a corporation and the tax benefits of a partnership. But LLCs also require careful record keeping, regular meetings and formal minutes -- without them, the IRS and the courts could hold LLC members personally liable for LLC debts. Your Limited Liability Company provides all the answers, instructions and forms you need to maintain the legal validity of your LLC. The 3rd edition is completely updated and revised to include the latest laws and forms for all 50 states, and provides new insight as to how the 2003 federal tax act affects small businesses and their owners.
SYNOPSIS
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 stresses 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 3rd edition is completely updated and revised to include the latest laws and forms for all 50 states, and provides new insight as to how the 2003 federal tax act affects small businesses and their owners.