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Re: GEN: INC.



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Joe Frabosilio wrote:
> 
> I just came back from a wade cook seminar.  At the seminar he talks
> about Incorportating yourself, in the state of Nevada. Has anyone done
> this?   If so, do you really save on taxes like he says?  Any red flags
> to watch out for?
> 
> Thanks

Joe,
  One state may have a few tax advantages over another, but there is
no escaping death or Federal income taxes. So, what's the big deal about
Nevada? Florida has a constitutional ban against state income tax.  
I am sure there are others. Hmmm, let me guess, your buddy Wade Cook
just happens to sell a kit for incorportating in Nevada? Only $49.95?
So, what else is he "cooking" up? I can't "wade" to hear.

Puningly,

Norman