The Secret Millionaire: Guide to Nevada Corporations
Author: J. J. Childers, John V., Jr. Childers
List Price: $29.95
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ISBN: 0910019576
Publisher: Origin Books Sales, Inc. (01 June, 1998)
Sales Rank: 22,765
Average Customer Rating: 3.67 out of 5
Customer Reviews
Rating: 1 out of 5
Nothing New
This book has nothing new. Everything I read here I read in Derek Rowley's book. Childers at least read Rowley's book, since he seems to regurgitate word for word what Rowley said.
Rating: 5 out of 5
Make A Million, Keep A Million
The above title could be a subtitle for this terrific how-to book on saving money. This book makes sense. I had no idea there was any difference in how states treat corporations, but BOY did I find out otherwise. No wonder all the bigshots I play golf with have Nevada and Delaware corporations.This book is a tad bit on the complicated side, but then, it has to be. This subject matter is VERY serious. Read it carefully and you can follow its directions like a recipe for making money. It works. I haven't made a million yet, but I'm well on the way, and this book helped.
Rating: 3 out of 5
This book is not for the faint of heart.
Are you a business owner - perhaps own a home business? Looking for a smart way to cut your taxes and protect assets? While it is true that a corporation in Nevada is the way to go - don't think you are going to read through this book and do it yourself. The author states you need to park yourself in libraries pooring over tax forms getting to learn all the tax system (get real). Once you have done that - you will most likely have to STILL hire a "Nevada corporation" sharp lawyer, a CPA and a tax specialist to help you set uo properly!
It may not be expensive to file the forms, but what will it cost you to get set up with a corporation after you paid the lawyers, Cpa's ect? You will probibly have to have a lawyer on retainer after that just to keep ahead of the IRS! Well hey - if you are a millionaire, no problem!
Having said that, this book is the place to start the process moving. Taxes and corporations are complicated. The future protection against lawsuits and tax savings are serious matters for everyone to consider. Just keep in mind that this book is not a "How to form a Nevada Corporation for dummies"
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