Find out all you need to know about SMLLCs, Single-member LLCs are the new 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, How to choose the proper tax treatment for your SMLLC, The key tasks for running your SMLLC, including paying taxes, filing annual reports, and keeping proper records, The unique features of an SMLLC, such as pass-through taxation, personal liability protection, and flexibility of management. This edition is updated to cover changes under the Tax Cuts and Jobs Act, including the new 20% pass-through deduction available to SMLLC owners. With this book, you get access to a unique webpage on Nolo.com where you can stay current with legal updates to this book. And in Nolo.

com's Business Formation center, you'll find even more help from the experts at Nolo: Hundreds of valuable articles and FAQs, Useful legal forms, In-depth profiles of business lawyers in your area. Includes a sample SMLLC operating agreement and written consent forms. Nolo is passionate about making the law accessible to everyone. Our high-quality books, software, legal forms, and online lawyer directory have helped millions of people find answers to their everyday legal and business questions. Book jacket.