This Description may be from another edition of this product.

The LC, S-Corp, or C-Corp question is one of essential importance:
Make the right decision, and you'll be paying less tax; you'll know your personal assets are protected from lawsuits against your business; and you might even save yourself some money on accounting and legal fees.
Make the wrong decision, and you'll be paying an unnecessary amount of tax; you'll be wasting money on legal bills; and you'll be only a lawsuit away from losing your home and other personal assets.

Find the following, explained in plain-English with no legal jargon:
The basics of sole proprietorship, partnership, LC, S-Corp, and C-Corp taxation.
How to protect your personal assets from lawsuits against your business.
When the protection offered by an LC will work. (And more importantly, when it will not )
Which business structures could reduce your federal income tax or self-employment tax.