Lower Your Taxes - BIG TIME! 2023-2024: Small Business Wealth Building and Tax Reduction Secrets from an IRS Insider, 9th Edition

10

Forming a Nevada Corporation or a Limited-Liability Corporation in Nevada

The trick is to stop thinking of it as your money.

—IRS auditor

Chapter Overview

Where do many movie stars form corporations? Where do most con artists form corporations? You may be surprised that these two questions have the same answer—Nevada. In fact, some of the infamous Enron partnerships were located in Nevada or in foreign jurisdictions. What these diverse groups know that you don’t will be the subject of this chapter. We also will examine some of the benefits of incorporating in Nevada rather than in Delaware.

This chapter won’t be long or complicated, but you’ll find the information contained here to be very interesting and possibly vital to you. Perhaps ...