How to Incorporate (How to Incorporate: A Handbook for Entrepreneurs & Professionals) (Paperback)

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. This revised Fourth Edition includes new material on employment relationships and changes in laws regarding corporations and partnerships, and provides updated material on all relevant tax information.

Michael R. Diamond (Washington, DC) is a professor of law at the American University School of Law. He has also been a practicing attorney in the corporate field with the law firm of O′Toole, Rothwell, Nassau and Steinbach. Julie L. Williams (Washington, DC) is a practicing attorney and the Senior Deputy General Counsel for the Office of Thrift Supervision

Includes the Limited Liability Company

The Bestselling Guide to Incorporating Your Business–Updated and Expanded for the New Millennium

• Should I Incorporate?
• Which Form of Corporation Is Best for My Business and Long–term Goals?
• What Additional Legal Liabilities Do I Assume When I Incorporate?
• What Are the Tax Laws Concerning Corporations and How Do I Take Full Advantage of Them?
• How Do I Form a Corporation?

Get detailed answers to these and every other question you have about incorporating your business in How to Incorporate, Fourth Edition. Attorneys Michael Diamond and Julie Williams weigh the pros and cons of incorporating and help you choose the form of corporation that’s best for you. They tell you how to structure your corporation for maximum legal, tax, and business advantage. And they supply you with a gold mine of sample forms–including tax forms and preincorporation, shareholder, and voting trust agreements–along with step–by–step instructions on how to fill them out.

Covering all the latest changes in the laws regarding corporations and partnerships, and featuring a critical new chapter on the limited liability company, How to Incorporate, Fourth Edition gives you the most up–to–the–minute information, advice, and guidance on:

• When to form a standard incorporation and when to go with an alternative, such as Subchapter S, partnerships, limited liability companies, and proprietorships
• How to make statutory requirements work to your advantage
• Executive compensation and how to take tax–free benefits out of your corporation
• How to handle special agreements, securities laws, forms of incorporation, stockholders, dividends, and more
• How to complete IRS forms, take minutes, create bylaws, and post notices of meetings
• How to use incorporation forms for many different states as well as forms for general use based on the Model Business Corporation Act

. . . and much more to give you the how, why, and when of incorporating in today’s fast–paced business world.