Filing an LLC (Limited Liability Company) provides small businesses with some of the advantages of incorporating while preserving simplicity through minimal compliance formalities. For example, business owners who operate LLCs aren’t personally liable for business debts. But is that benefit alone enough to convince your clients to form LLCs? How about for your practice? More often, business owners turn to their accountant for the right advice.

Join Nellie Akalp, CEO and Founder of CorpNet.com, for a fast-paced yet, in-depth discussion about LLCs, sharing insight for you to discuss with clients about selecting this entity for their business.

Learning Objectives:

• List the benefits of forming an LLC


• Describe tax advantages, disadvantages, and structuring options of the LLC


• Determine the differences between a member-managed and manager-managed LLC


• Name the compliance requirements for LLC owners


• Recall the steps to form an LLC