Official - Nolo's Guide to Single-Member LLCs
It explains: how to form an SMLLC and why it can be a good business entity choice the attractive features of an SMLLC, such as pass-through taxation, personal liability protection, and flexibility of management how to choose the proper tax treatment for your SMLLC the tasks involved in running your SMLLC, like paying taxes, filing annual reports, and keeping proper records. rdquo; mdash;Wall Street Journal nbsp; Single-member LLCs are the business entity of choice for small businesses with one owner.