Your browser is not supported by this site. Please update to the latest version, or use a different browser for the best experience.
PPC's Guide to Limited Liability Companies

PPC's Guide to Limited Liability Companies

Product Information

  • Frequency of Updates:

    Updated annually
  • Brand:
    Practitioners Publishing

Format

Price

Quantity

Book
3 Volumes
Product Code:
LLCP
$375.00

See also the Business Tax Planning package, which includes the online version of this PPC planning guide.

LLCs combine limited liability for all owners with the flexibility of partnership taxation, making them the entity of choice for a wide range of businesses. This Guide identifies and explains federal tax issues encountered by LLCs and their members. While focusing on Federal income tax issues, this all-in-one guide also addresses estate planning for members and asset protection. Its practical approach, including numerous examples and practice aids, will help you plan transactions with optimal tax results, avoid pitfalls and answer your clients' questions quickly and confidently.

Since state LLC law is so important, the Guide has LLC-related information for each state (organized in a uniform format for easy comparison between the states). For each state, there is a summary of provisions in the LLC statute, a table of default provisions of the statute, and information for forming and registering an LLC. In addition, tax planning roadmaps enable you and your staff to identify planning opportunities, which can solidify your relationship with clients and set you apart from the competition when meeting potential clients.

  • Limited Liability Companies
    • INTRODUCTORY MATERIAL
    • Chapter 1 Introduction to LLC Engagements
    • Chapter 2 Choosing to Do Business as an LLC
    • Chapter 3 Converting an Existing Business to an LLC
    • Chapter 4 Classification Issues
    • Chapter 5 Forming an LLC
    • Chapter 6 Reviewing LLC Documents
    • Chapter 7 Capitalizing an LLC
    • Chapter 8 Choosing the LLC's Tax Year, Accounting Methods, and Elections
    • Chapter 9 Ensuring Tax Allocations Are Respected
    • Chapter 10 Members' Outside Basis
    • Chapter 11 Planning for Distributions from an LLC
    • Chapter 12 Planning For Transactions with Members
    • Chapter 13 Limitations on Deducting Member Losses
    • Chapter 14 Special Problems of LLC s
    • Chapter 15 Transfers of a Member's Interest
    • Chapter 16 Retirement or Death of a Member
    • Chapter 17 Termination, Liquidation, Merger, or Division of an LLC
    • Chapter 18 Bankruptcy, Insolvency, And Abandonment
    • Chapter 19 IRS Audit and Representation Issues
    • Chapter 20 Using Family LLCs as an Estate Planning Tool
    • Chapter 21 LLC Transaction and Planning Profiles
    • Chapter 22 Preparing LLC Financial Statements
    • Alabama
    • Alaska
    • Arizona
    • Arkansas
    • California
    • Colorado
    • Connecticut
    • Delaware
    • District Of Columbia
    • Florida
    • Georgia
    • Hawaii
    • Idaho
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Kentucky
    • Louisiana
    • Maine
    • Maryland
    • Massachusetts
    • Michigan
    • Minnesota
    • Mississippi
    • Missouri
    • Montana
    • Nebraska
    • Nevada
    • New Hampshire
    • New Jersey
    • New Mexico
    • New York
    • North Carolina
    • North Dakota
    • Ohio
    • Oklahoma
    • Oregon
    • Pennsylvania
    • Rhode Island
    • South Carolina
    • South Dakota
    • Tennessee
    • Texas
    • Utah
    • Vermont
    • Virginia
    • Washington
    • West Virginia
    • Wisconsin
    • Wyoming
    • Appendix A Roadmap to Taxation of LLCs Classified as Partnerships
    • INDEX
      • --A--
      • --B--
      • --C--
      • --D--
      • --E--
      • --F--
      • --G--
      • --H--
      • --I--
      • --L--
      • --M--
      • --N--
      • --O--
      • --P--
      • --Q--
      • --R--
      • --S--
      • --T--
      • --W--
  • List of Substantive Changes and Additions View

DESCRIPTION

See also the Business Tax Planning package, which includes the online version of this PPC planning guide.

LLCs combine limited liability for all owners with the flexibility of partnership taxation, making them the entity of choice for a wide range of businesses. This Guide identifies and explains federal tax issues encountered by LLCs and their members. While focusing on Federal income tax issues, this all-in-one guide also addresses estate planning for members and asset protection. Its practical approach, including numerous examples and practice aids, will help you plan transactions with optimal tax results, avoid pitfalls and answer your clients' questions quickly and confidently.

Since state LLC law is so important, the Guide has LLC-related information for each state (organized in a uniform format for easy comparison between the states). For each state, there is a summary of provisions in the LLC statute, a table of default provisions of the statute, and information for forming and registering an LLC. In addition, tax planning roadmaps enable you and your staff to identify planning opportunities, which can solidify your relationship with clients and set you apart from the competition when meeting potential clients.

TABLE OF CONTENT

  • Limited Liability Companies
    • INTRODUCTORY MATERIAL
    • Chapter 1 Introduction to LLC Engagements
    • Chapter 2 Choosing to Do Business as an LLC
    • Chapter 3 Converting an Existing Business to an LLC
    • Chapter 4 Classification Issues
    • Chapter 5 Forming an LLC
    • Chapter 6 Reviewing LLC Documents
    • Chapter 7 Capitalizing an LLC
    • Chapter 8 Choosing the LLC's Tax Year, Accounting Methods, and Elections
    • Chapter 9 Ensuring Tax Allocations Are Respected
    • Chapter 10 Members' Outside Basis
    • Chapter 11 Planning for Distributions from an LLC
    • Chapter 12 Planning For Transactions with Members
    • Chapter 13 Limitations on Deducting Member Losses
    • Chapter 14 Special Problems of LLC s
    • Chapter 15 Transfers of a Member's Interest
    • Chapter 16 Retirement or Death of a Member
    • Chapter 17 Termination, Liquidation, Merger, or Division of an LLC
    • Chapter 18 Bankruptcy, Insolvency, And Abandonment
    • Chapter 19 IRS Audit and Representation Issues
    • Chapter 20 Using Family LLCs as an Estate Planning Tool
    • Chapter 21 LLC Transaction and Planning Profiles
    • Chapter 22 Preparing LLC Financial Statements
    • Alabama
    • Alaska
    • Arizona
    • Arkansas
    • California
    • Colorado
    • Connecticut
    • Delaware
    • District Of Columbia
    • Florida
    • Georgia
    • Hawaii
    • Idaho
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Kentucky
    • Louisiana
    • Maine
    • Maryland
    • Massachusetts
    • Michigan
    • Minnesota
    • Mississippi
    • Missouri
    • Montana
    • Nebraska
    • Nevada
    • New Hampshire
    • New Jersey
    • New Mexico
    • New York
    • North Carolina
    • North Dakota
    • Ohio
    • Oklahoma
    • Oregon
    • Pennsylvania
    • Rhode Island
    • South Carolina
    • South Dakota
    • Tennessee
    • Texas
    • Utah
    • Vermont
    • Virginia
    • Washington
    • West Virginia
    • Wisconsin
    • Wyoming
    • Appendix A Roadmap to Taxation of LLCs Classified as Partnerships
    • INDEX
      • --A--
      • --B--
      • --C--
      • --D--
      • --E--
      • --F--
      • --G--
      • --H--
      • --I--
      • --L--
      • --M--
      • --N--
      • --O--
      • --P--
      • --Q--
      • --R--
      • --S--
      • --T--
      • --W--

RELATED RESOURCES

  • List of Substantive Changes and Additions View