Everyone involved in a successful business eventually has to face the question of incorporation. This revised edition of one of the leading incorporation guidebooks will help you take your business to the next level. Michael Diamond and Julie Williams offer guidelines for structuring your corporation for maximum tax, legal and business benefits, while avoiding the problems that befall corporations. Learn whether to use a standard incorporation or alternatives like subchapter "S" incorporation, partnerships, and proprietorships.

• Includes major new chapter on Limited Liability Companies; the pros and cons, and state by state differences



• New material on changes in laws regarding corporations and partnerships



• Contains updated material on all relevant tax information



• Packed with sample tax forms, pre-incorporation forms, shareholder and voting trust agreements



• First edition picked by Library Journal as one of the best business books of 1987

MICHAEL R. DIAMOND (Washington, D.C.) is a Professor of Law at the American University School of Law. He also has been a practicing attorney in the corporate field with the law firm of O'Toole, Rothwell, Nassau and Steinbach. JULIE L. WILLIAMS (Washington, D.C.) is a practicing attorney and the Senior Deputy General Counsel for the Office of Thrift Supervision.