Description
You formed an LLC because you were told it would protect you and separate you from your business. You filed with the state, got an EIN, and opened a business bank account.
An LLC can provide important liability protection under state law. That is not the same as a business that operates independently of its owner. For federal income-tax purposes, a single-member LLC is generally treated by default as an entity disregarded as separate from its owner.
In Prove It!, Dewayne Williams takes readers directly to government documents and other authoritative sources to examine what their structure actually means.
Inside, readers will learn how to:
- Tell state-law liability protection apart from federal tax classification
- Read the government sources that explain how a single-member LLC is treated
- Recognize when personal guarantees still affect business financing
- Understand how a C corporation differs from a default single-member LLC
- Explore multi-entity structures that separate operations, assets, and risk
Written for single-member LLC owners and new entrepreneurs, Prove It! does not argue that LLCs offer no protection. It asks what protection you actually have, and whether your structure can carry you where you want to go.
Product Details
Writer: Williams, Dewayne
Release Date: 2027-05-11
FOC Date: 2027-04-06
Page Count: 208
All comics ship bagged and boarded.
SKU: 9798901801642
Barcode: 9798901801642
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