Average Rating: 
Rating:  - Misinformation mixed with good information
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: - Unbelievably disorganized!
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:  - Covers The Important Stuff
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.
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