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1 of 1 people found the following review helpful:
1.0 out of 5 stars Some serious errors, March 8, 2004
At first I gave this book four stars because I found it easy to read and understand, but after reading it I did my research on setting up an S corporation in New York City, then I realized a big error in the very first chapter of the book: it says S corporations are not subject to New York State franchise tax, but this is totally untrue. S corps as well as LLCs are subject to the annual franchise tax of $325 or more. Plus, the book says nothing about after your corporation becomes a federal S corporation, you must also elect New York State S corporation status in order to get tax benefits at the state level.

Anyway, the book covers a lot of topics but only very superficially and with other inaccuracies. Also very little information on county-specific issues.

I do not recommend this book, for it will mislead you rather than educate you.

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2.0 out of 5 stars Content was ok but..., November 30, 2011
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This review is from: How to Start a Business in New York (Paperback)
the book fell apart after 1 year :( I gave the book a good read and it sat on the book shelf for about a year. I pulled it back out to check some info and the binding had disintegrated; the pages were all falling out. I contacted the publisher and they said 'too bad... wanna buy the new edition?' Are you F'ing kidding me?!

Content-wise it is a satisfactory reference book; kudos to the authors. I will avoid Sphinx publishing in the future; crappy product with NO customer service at all :(
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How to Start a Business in New York
How to Start a Business in New York by Mark Warda (Paperback - Oct. 2004)
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