Practical Guide To Partnerships Llcs And S Corporations 12th Edition

Practical Guide to Partnerships and LLCs (12th Edition), by Robert Ricketts and Larry Tunnell, discusses the complex issues involving partnership taxation with utmost clarity. It uses hundreds of illustrative examples, practice observations, helpful charts and insightful explanations to make even the most difficult concepts understandable. The book reflects the authors' penchant for communicating the pertinent facts in very direct language and creating a context for understanding the multifaceted issues and applying them to practice.

In-depth coverage of the complex issues involving partnerships and LLCs, including characterization, taxation, funding, distribution and tax treatment. Covers the fundamentals of partnership basis adjustments, transfers and sales with losses, and expensing. Includes numerous examples, charts, 1065 Form and Schedules.

Limited Liability Company and Partnership Answer Book

While the partnership has been a viable alternative to incorporation for centuries, the much more recent limited liability company (LLC) has increasingly become the business organization of choice for new firms in the United States. This Handbook inclu

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For most companies, doing business as a limited liability company or partnership offers significant benefits. LIMITED LIABILITY COMPANY & PARTNERSHIP ANSWER BOOK's easy-to-read Q&A format makes clear and accessible both the legal rules and important business decisions regarding LLCs and LLPs. with more than 300 authoritative answers, you'll understand how to: Custom design an LLC or LLP that provides liability protection to principals and agents -- and one-time taxation of revenue Weigh the pros and cons of converting your business to an LLC or LLP Capitalize on the operational, tactical, and strategic advantages of converting to an LLC or LLP Ensure compliance with the IRS and avoid 'double taxation' of revenues Set up accurate and efficient tax and accounting systems Plus, this practical handbook contains a state-by-state listing of statutory provisions regarding structure and organization; registration procedures and filing fees; a comparison chart of the LLC, LLP, regular and S corporation, limited partnership, and general partnership; and model operating agreements.

If You Want to Discover Everything You Need to Know about LLC's and If They're Right for Your Business Then Keep Reading... Do you want to Discover the power of Limited Liability Companies? Do you want to learn about the many (including Tax) benefits of an LLC? Do you wan to discover if an LLC is right for your business? LLC's have surged in popularity in recent years...and for very good reason! Not only do they provide numerous Tax and Liability benefits, but they can be quick to start yet without the correct education on LLC's they might not be the best fit for your situation. Like anything, LLC's have their disadvantages and just aren't the right fit for some people's situations, hence we created this book to provide the essential LLC education you need in a practical and easy to understand manner. If you are starting or have your own business, you quite simply must understand how LLC's work! This book has been designed specifically to outline everything you need to understand in a structural manner. So instead of aimlessly browsing the internet or watching YouTube videos on LLC's, we created the ultimate LLC guide that will save you tens of hours on the learning process and will make you an LLC expert in no time at all. We will outline exactly how you can create a strong foundation not only for your current business but for all of your future business endeavours as well. Here's just a slither of what you'll discover inside... The Exact Formula for Determining If an LLC is Right for Your Business (and For Your Future Businesses) The Step by Step Guide to Forming Your Own LLC 4 Tax Advantages of an LLC You Could be Missing Out On This 1 Reason Could be Enough To Form Your LLC TODAY! The Foolproof Guide to Coverting Another Business Entity Into an LLC How to Know When an LLC ISN'T Right For Your Business! (This Is Just as Important As Knowing When It Is...) The Almost Unknown Benefits of Dissolving Your LLC- Including The 3 Best Ways To Go About It! Discover The Exact Tools You Need to Streamline The Formation Process Of Your LLC How To Start Both a Single and Multi-Member LLC (And What One Is Best For Your Business) And that is hardly scratching the surface! Even if you have ZERO LLC experience, even if you have no idea how to form an LLC for your business and even if you have no clue what is the best business entity for your business, this book outlines in a practical manner exactly how you can understand EVERTHING about LLC's as well as if they are the right fit for your business in your current situation. So, if you want to discover how you could potentially save $1000's in Tax and Liability benefits then scroll up and click "Add to Cart."

This thoroughly-updated edition provides a comprehensive guide to the law of agency relationships, partnerships, and limited liability companies. In addition to detailed treatment of the key legal issues, the text also provides balanced analyses of the policies underlying the law. The reader thus comes away not only with a knowledge of the law but also an understanding of why courts and legislatures chose those rules. The text incorporates frequent references to the most up-to-date sources of the law, including those most frequently encountered in law school courses, such as the Restatement (Third) of Agency, the Uniform Partnership Act, and the Uniform Limited Liability Company Act. In addition, to account for the increasing dominance of Delaware as the state in which limited liability companies are formed, the new edition pays considerable attention to the Delaware Limited Liability Company Act.