Incorporate & Get Rich!: How to Cut Taxes 70% & Protect Your Assets Forever!
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4 of 4 found the following review helpful:
Pretty disorganized and rather sloppily edited Jan 21, 2011
By Nik Gervae
A friend lent me Robert Kiyosaki's "Rich Dad, Poor Dad", which prompted me to get this book. It covers a lot of ground at a decently high level but is not well written. The authors dive into detail when more overview would have been appropriate, use very sketchy examples, and plop feel-good New-Agey quotes in the margins of most pages. The book also has an alarming number of typos, spelling errors, and cross-references that are off by a page or two, for something written by accountants. You'd think they would care about attention to detail, especially since this seems to be a major promotional piece for their very own services setting up corporations. Hm.
2 of 2 found the following review helpful:
Terrible Title, Good Book Dec 23, 2011
Aside from the terrible title and gaudy cover that made me feel guilty for buying it in the first place, this was actually a really good book. I read it in about two days, then immediately called my sister and ordered it for her. She owns a hair salon and will be using the information from this book to save money on her taxes every year. The book was informative, easy to follow, and will be good to reference in the future.
Very enlightening read about taxes and corporations. May 05, 2013
I read this book from the recommendation in Rich Dad, Poor Dad. I was very pleased, and learned so much. Am I ready to go out and start a business? Not really, but I'm armed with the basic knowledge well enough that I can find the CPAs and Attorneys that know this stuff inside and out, and get my corporation going! I strongly recommend to anyone that is doing any kind of business that you read this book! It talks a lot about how to structure your business so that you keep as much as possible and keep everything legal.
I imagine two business that do the same business with the same income and the same expenses, but one is profitable and one is not as a result solely of how the business is structured! This book explains how to structure your business thusly, keeping as much of what you earn as possible. It could help a business owner be more profitable, or even turn a losing business into a winning business.
This book does not detail other business entities, such as LLCs, LPs, or S corps. They are mentioned, but only briefly. I was disappointed about this, because not every business should be structured as a corporation that this book details so well. My business (in real estate) is one of these businesses, and I wish that there was a book that detailed the other entities as well as this book detailed C corps. I haven't found it yet, but I'm still researching (it never ends, really). Still, even though I would not fully benefit from a C corp in my situation, I learned that how the business is structured is so very important, and could EASILY be the difference of tens of thousands of dollars per year you're keeping that would otherwise go to Uncle Sam. Even with an LLC, I really valued this book.
0 of 1 found the following review helpful:
Very informative Mar 01, 2012
A must read for those who want to start their own business. Also, I have used the services offered by the authors and started two corporations and an LLC. This book and the services offered were very helpful.
3 of 6 found the following review helpful:
Excellent Book! May 26, 2010
By Pedro R. De Obeso
This book is designed for people who are already in bussiness and have capital.
Despite not being part of the audience the book was intended, im a college student, I learned a lot of things and now feel like I have a head start in bussiness!
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