Rating: 
Summary: Who wants to pay the govenment any more taxes? I don't!
Review: I love reading everything from cookbooks to novels to textbooks, but this is one book that I couldn't get into. This book is absolutely the most poorly written book I've had the displeasure of attempting to read. From the table of contents, I'm sure there's some useful information in the book, but trying to extract the information is like pulling teeth. I never imagined that a book could be so bad, but Inc. & Grow Rich! proved otherwise. This is probably the only book I'll ever burn.
Rating: 
Summary: I'm Sure There's Some Useful Information in There
Review: I love reading everything from cookbooks to novels to textbooks, but this is one book that I couldn't get into. This book is absolutely the most poorly written book I've had the displeasure of attempting to read. From the table of contents, I'm sure there's some useful information in the book, but trying to extract the information is like pulling teeth. I never imagined that a book could be so bad, but Inc. & Grow Rich! proved otherwise. This is probably the only book I'll ever burn.
Rating: 
Summary: Unbelievably disorganized!
Review: I ordered this book after reading the recommendation in "Rich Dad, Poor Dad," and I was terribly disapointed when it arrived. "Inc. & Grow Rich" is the most disorganized book I've ever seen. It's as if the authors just pasted together a series of unrelated presentations -- leaving it to the reader to decipher the important points. I did pick up a couple of new ideas, which is the only reason I didn't rate the book lower. However, I'm now going to have to do some research on my own to find out how to implement them, since the book was too sketchy. To sum it up: save your fifty bucks for something better!
Rating:
Summary: Unbelievably disorganized!
Review: I ordered this book after reading the recommendation in "Rich Dad, Poor Dad," and I was terribly disapointed when it arrived. "Inc. & Grow Rich" is the most disorganized book I've ever seen. It's as if the authors just pasted together a series of unrelated presentations -- leaving it to the reader to decipher the important points. I did pick up a couple of new ideas, which is the only reason I didn't rate the book lower. However, I'm now going to have to do some research on my own to find out how to implement them, since the book was too sketchy. To sum it up: save your fifty bucks for something better!
Rating:
Summary: Falling short
Review: On the positive side, Inc. and Grow Rich did have some very useful information on the advantages of incorporating your business, and other important legal information that will allow people to save money in various aspects of their lives.On the other hand the situations and case studies supplied to demonstrate these concepts were too specific, allowing the author to end the chapter or section with "to see how this would apply to your situation, contact a CPA". And while I do see the advantages of going to a CPA to see how the laws apply to my situation, I feel that for price of the book, it could have contained a broader range of case studies to see how the law applies to each one. My advice.. save the fifty bucks for an appointment with a CPA... with or without this book, you'll need one anyway.
Rating:
Summary: Misinformation mixed with good information
Review: Some of C.W.Allen's information is correct but some was flat wrong. I read the book at author, Robert Kiyosaki's recommendation (Rich Dad, Poor Dad) and because some of what RK implied was offbase about having your corporation pay for your car, house, etc. As a CPA and twenty year veteran of the tax profession, I was curious to read his authority. Some glaring problems: You cannot hire your kids in your corporation and write off their education. The tax statutes are very specific about greater than 10% owners and their closely related family not being eligible. There are several other items like this that contradict Allen's info. Another dislikable characteristic of the book is that it has several sections entirely written by different authors who very clearly did not review each other's material. Several times they covered the same subject with different detail. One even announced that gifts up to $75 could be written off through the corporation. The catch? The tax code only allows $25. How can you buy a book that you can't trust?
Rating: 
Summary: A Real Eye Opener
Review: This book changed my life considerably. While not a complete treaty on the subjects (not a single book can address the 12,000 pages US tax code, associated case law, financial planing, accounting, liability protection, etc.); it presents in a nutshell, key questions that the business owner should ask his/her advisors. Its language is easy to understand and the examples easy to follow. The grouping of themes by discipline helps to understand better the subjects on an individual basis. Unfortunately, that also makes the book, as a whole, appear a little bit confusing. Overall, the book is insightful and instructive. The only weakness I found was its strong bias toward C corporations. After following up on the subject of different type of corporations, I found out why. But I still believe that the book should have included a more detailed explanation of the differences between C , S and LLC corporations on the subject of deductions, specially regarding the owners. They are substantial; and with most advisors recommending their clients to go with S or LLC corporations (probably because of the way they are taxed), this lack of better comparison could make the book appear as misleading or worse, plain wrong. Nevertheless, Kudos to C.W. Allen and his team for a bold talk on the scary subject of paying the least amount of taxes possible.
Rating:
Summary: Covers The Important Stuff
Review: This book gave me good insight into the world of business, specifically regarding its structure. I've realized that the structure of a business can really impact how much money you make. The authors give good information. I specifically like the fact that they didn't analyze the entire corporate legal system, but mentioned some laws that are very important to know about (they save you money, and they keep you out of trouble with the IRS). They talk about everything from the different types of bankruptcy codes to the very popular Nevada corporations. Also, they cite the specific part of the tax code that they got their information from, so you can investigate the authors credibility if you wish. There are many different laws that are mentioned within the book that are both interesting and useful to know when starting a business. For example, if you have a corporation, did you know you can only write off the purchase of a car if it costs less than $15,300 and has a gross vehicle weight above...yes, that's ABOVE...6,000 lbs? (If it were less, you might try and buy a sports car!) Did you know that if you start a business from your home, everything you currently own and use for the corporation (tables, computers, chairs, etc.) can be considered a donation to the corporation, resulting in a write off on your individual tax return? You can even write off your rent if you operate from there! More questions of this type are answered throughout the book, as well as, obviously, the different types of corporations that can be formed (LLC, C Corporations, S Corporations, etc.), and the advantages and disadvantages of each. The disadvantages: I had some trouble following the books format. The order in which things were presented was a little questionable. Also, there were a few chapters within the book that I wasn't interested in (forming a corporation in another country, for example), but I was able to skip right over them with ease. It will definitely be a good reference book to add to my shelf. Relatively speaking, considering what I learned from this book, these disadvantages are too minor to warrant giving it only 4 stars.
Rating:
Summary: Covers The Important Stuff
Review: This book gave me good insight into the world of business, specifically regarding its structure. I've realized that the structure of a business can really impact how much money you make. The authors give good information. I specifically like the fact that they didn't analyze the entire corporate legal system, but mentioned some laws that are very important to know about (they save you money, and they keep you out of trouble with the IRS). They talk about everything from the different types of bankruptcy codes to the very popular Nevada corporations. Also, they cite the specific part of the tax code that they got their information from, so you can investigate the authors credibility if you wish. There are many different laws that are mentioned within the book that are both interesting and useful to know when starting a business. For example, if you have a corporation, did you know you can only write off the purchase of a car if it costs less than $15,300 and has a gross vehicle weight above...yes, that's ABOVE...6,000 lbs? (If it were less, you might try and buy a sports car!) Did you know that if you start a business from your home, everything you currently own and use for the corporation (tables, computers, chairs, etc.) can be considered a donation to the corporation, resulting in a write off on your individual tax return? You can even write off your rent if you operate from there! More questions of this type are answered throughout the book, as well as, obviously, the different types of corporations that can be formed (LLC, C Corporations, S Corporations, etc.), and the advantages and disadvantages of each. The disadvantages: I had some trouble following the books format. The order in which things were presented was a little questionable. Also, there were a few chapters within the book that I wasn't interested in (forming a corporation in another country, for example), but I was able to skip right over them with ease. It will definitely be a good reference book to add to my shelf. Relatively speaking, considering what I learned from this book, these disadvantages are too minor to warrant giving it only 4 stars.
Rating:
Summary: Good Enough to Make a Difference in My Life
Review: This book gave me more than enough information to make a difference in how I do business. Clearly written in a chapter format which made it easy to digest and not overwhelming like many other books. In addition, it guided me on how to get more in-depth information on incorporating and a great basis for what questions to ask. I have shared this book with many of my freinds and they have then gone to buy the book for themselves, great for a reference book in your library. If you only get one bit of information out of it that will be worth the $ alone. Enjoy!
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