Written by a team of experts, Limited Liability Companies: Formation, Operation and Conversion, Third Edition explains conversions of existing partnerships and corporations to limited liability companies with in-depth legal, tax, and practical implications. It also details procedures from start to finish, including knowing when to use, how to form, and how to dissolve limited liability companies with federal tax treatment of each step.

Topics discussed include:



Comparing LLCs to S Corporations and Partnerships and exploring the reasons LLCs may want to elect to be taxed as corporations
Forming the LLC
Withholding taxes on payments to foreign LLCs
Converting accounting and law firms to LLPs
Dissolution and Liquidation
And more.