Another reason to do an "S" incorporation is that there will be tax increases coming, probably on the income tax side in the next few years. We do have to pay the Chinese interest at some point.
If you don't incorporate, you are considered "rich" and will likely be hit hard. If you incorporate you can get even bigger tax breaks as you will pay yourself just enough to "not be rich" and still have money to invest into your business, which is what profits are meant for.
I also don't see that the government will close that so called "loophole" (as some from the extreme left call it). If you thought the outrage on the Wall Street bailouts was something, the outrage on additional targeted taxation on S corporations (small businesses) and letting the other corporations get away with no additional taxation will be deafening. Trying to kill small businesses by taxation during this economy is a sure way to make unemployment figures skyrocket and a sure way to have a one-term Presidency.
Caveat...If you've had a succession of bosses who are so bad you can't work with them in the same company/division, I would move on. In this case it's probably the company/division that's the problem.
If you've had a succession of bosses who are so bad you can't work with them in multiple businesses, then I would say part of the problem is staring at you in the mirror. You have to learn to work with mediocre managers. There are few ideal managers. Many of those leave the politicking needed in management behind and become consultants. What you are stuck with, as far as managers go, are the merely good, the bad, and the ugly.
There are some good municipalities water and power companies and there are some that are not.
I don't hear much in the way of complaints about local, state, and federal governments building highways and local streets. Somehow that is OK while building a public ISP is not?
Our society has gone from having computer networks for just businesses to a needed service to function.
If you don't believe me, you don't have children in a decent public school. Study material, research, and lessons are increasing being posted on the internet. The internet is now almost as needed as roads for our society.
Internet is no longer an elite privilege in our society, it is now somewhere between a privilege and a right. It that wasn't so why do local libraries give internet access to their patrons?
Oh, I forgot, the purists don't believe in libraries or public schools of any kind. I remember in history that America tried to restrict higher education, healthcare, and even decent food to those that can afford to pay for them. If you got miner's lung in a coal mine or broke your back with the railroad then you might die of your injuries or of starvation because "no job = no food". The result was widespread outbreaks of typhoid and yellow fevers, not to mention tuberculosis, and low life expectancies. That happened in the 19th century, when the rich people and corporations were free from oppressive taxes and the public was free from most government "interference" like well paved roads and clean water. Our state and federal governments still have some "oppressive" control over its citizens via libraries, the post office, public schools, and law enforcement.
I don't mind immigrants, I object to the H1B visa program making immigrants "non-immigrants". Real immigrants are legal, they tend to be motivated to succeed in America, and have made innumerable contributions to America.
H1B visa holders can only stay in America a short time and many of them do "drone" work for insane work hours. They could be brilliant or dull but the fact is that our companies are using them as disposable employees.
We should trash that program and setup a longer term immigration program where they have to choose leaving, becoming a citizen, or becoming a permanent alien resident. Then they would have more of a chance to contribute and a chance of receiving a fair wage.
Actually, the first 5 digits are not determined based on time and place of birth, but rather based upon when and where your parents applied for your SSN.
Believe it or not, there was a time that your parents didn't apply for a SSN for you until you start looking for a job or when your oldest sibling does. I and my sisters have nearly consecutive numbers because of that.
What about a light beige roof? I would think the birds would not splatter themselves on a roof that looks like light colored dirt.
I know its not as aesthetically pleasing as a bright white roof, but it certainly would beat a dark colored roof in reflecting sunlight and on the AC requirements.
You do know that eventually those images will end up on the internet, just like everything else. That is something even the Obama administration will not be able to stop unless the scanners are removed.
In America, the police are judge, jury, and prosecutor until you end up in court months later, and then it is a crap shoot whether you will get a fair trial.
Elsewhere, the situation is nearly as biased or even more biased towards law enforcement.
I think a Sociology Masters or Ph.D. student could write a very good thesis on this subject.
I know my situation in Atlanta is that if you work in downtown, the "extra" time (the time you could be dosing or getting work done or relaxing) taking mass transit is well worth avoiding the aggravation trying to drive through downtown or midtown and paying through the nose for parking. Plus to can get a local govt. rebate for taking mass transit.
On the other hand, if your job is not intown Atlanta, or you live beyond the mass transit systems, you don't have a real choice but to drive and face the daily traffic nightmare.
The problem with cars are that, in over 95% of America, it is the only viable option for transporation. But I think it would be stupid to the extreme not to consider mass transit or carpooling for the daily commute to see if it is possible or feasible.
If the debate is "should he do what the boss ask" then you are completely correct.
If the debate is whether "homemade" cables are better than "professionally" made cable (i.e. bought cables) then the argument is somewhat valid.
We buy patch cables out of convenience but we can make our own custom cables (the odd 145' cable) when warranted.
And yes, I would think about looking for a different job if I were this tech. What business is it of the boss to specify what cable to use where? The tech's job should've been to just get a quality job done ASAP. I would wonder why I was hired if the boss insists on doing my "thinking and doing" for me.
Can you blame them for being afraid of deflation? The last time we had deflation with scare resources was the 1930's, a decade that no one wants to reproduce!
Also remember that unemployment went from about 10% to 23% (+/- a few percent, depending on your sources) in 1932 when Hoover follow the Mellon doctrine of laissez-faire capitalism. The result was deflation and massive unemployment.
And if you think massive unemployment, even for the short term, is "a necessary evil", need I remind you that revolts and wars have been started for less than that. Unemployment is a potent politically destabilizing force which can threaten both the established American plutocracy and normal law and order.
In America, we have the RIAA making up "evidence of copyright infringement" all of the time. Hire them to flood the French ministries with multiple "copyright infringement" reports for each man, woman, and child in France.
The language of the day will change in 5 years but the principals will stay for decades.
In fact, I'm in my 40's and I am still using what I learned in CS in the 1980's, mainly the principles of procedural coding and networking are the same then as now. Back then it was FORTRAN and SNA. Now it's C type languages (Java, Perl, PHP) and TCP/IP.
Also, in a good CS program, you learn about the dynamics of programming groups and the IT culture. Cultures like that change slowly enough for a smart cookie to adapt.
To add, I suggest you look into co-operative (work/study) education if you have no experience in IT at all. That way, after the recession, finding a job in IT will be possible in spite of your age.
This is not a "truth" test, but an intelligence test. If you are intelligent enough to come up with the "model-but-not-too-good-to-be-true employee" answers consistently, you pass the test.
In a perfect world, experience would be the only thing that counts, but in thew real world networking and certifications get you the job and the studying for the certifications and real experience allows you to do and keep your job.
Thanks for reminding me about the good things in Lotus Notes. Replication and rapid prototyping was beyond compare in Groupware.
I missed Lotus Notes R4. It fixed many of the travesties of R3. But R4.5 introduced the Lotus Domino engine, a real beast! I don't want to ever have to build two different code segments to simply to display a functional form on a browser.
It was the perfect repository for paperwork routing. You can have forms routed around in Email and have it stored on a central database without complex code. Lotus Notes did it all for you, you just tell it where to go.
Expose young'uns to this now most monstrous system ever to bloat up like a dead cow in the Texas heat? Are you bucking for "the most evil" in the IT world or what?
The OpenNTF project has got to be a better answer.
Slashdot Mirror
Another reason to do an "S" incorporation is that there will be tax increases coming, probably on the income tax side in the next few years. We do have to pay the Chinese interest at some point.
If you don't incorporate, you are considered "rich" and will likely be hit hard. If you incorporate you can get even bigger tax breaks as you will pay yourself just enough to "not be rich" and still have money to invest into your business, which is what profits are meant for.
I also don't see that the government will close that so called "loophole" (as some from the extreme left call it). If you thought the outrage on the Wall Street bailouts was something, the outrage on additional targeted taxation on S corporations (small businesses) and letting the other corporations get away with no additional taxation will be deafening. Trying to kill small businesses by taxation during this economy is a sure way to make unemployment figures skyrocket and a sure way to have a one-term Presidency.
Caveat...If you've had a succession of bosses who are so bad you can't work with them in the same company/division, I would move on. In this case it's probably the company/division that's the problem.
If you've had a succession of bosses who are so bad you can't work with them in multiple businesses, then I would say part of the problem is staring at you in the mirror. You have to learn to work with mediocre managers. There are few ideal managers. Many of those leave the politicking needed in management behind and become consultants. What you are stuck with, as far as managers go, are the merely good, the bad, and the ugly.
I also believe being named "Michael Wayne (foo)" is at least a felony in at least 5 states.
This is not an apples-to-apples comparison.
There are some good municipalities water and power companies and there are some that are not.
I don't hear much in the way of complaints about local, state, and federal governments building highways and local streets. Somehow that is OK while building a public ISP is not?
Our society has gone from having computer networks for just businesses to a needed service to function.
If you don't believe me, you don't have children in a decent public school. Study material, research, and lessons are increasing being posted on the internet. The internet is now almost as needed as roads for our society.
Internet is no longer an elite privilege in our society, it is now somewhere between a privilege and a right. It that wasn't so why do local libraries give internet access to their patrons?
Oh, I forgot, the purists don't believe in libraries or public schools of any kind. I remember in history that America tried to restrict higher education, healthcare, and even decent food to those that can afford to pay for them. If you got miner's lung in a coal mine or broke your back with the railroad then you might die of your injuries or of starvation because "no job = no food". The result was widespread outbreaks of typhoid and yellow fevers, not to mention tuberculosis, and low life expectancies. That happened in the 19th century, when the rich people and corporations were free from oppressive taxes and the public was free from most government "interference" like well paved roads and clean water. Our state and federal governments still have some "oppressive" control over its citizens via libraries, the post office, public schools, and law enforcement.
I don't mind immigrants, I object to the H1B visa program making immigrants "non-immigrants". Real immigrants are legal, they tend to be motivated to succeed in America, and have made innumerable contributions to America.
H1B visa holders can only stay in America a short time and many of them do "drone" work for insane work hours. They could be brilliant or dull but the fact is that our companies are using them as disposable employees.
We should trash that program and setup a longer term immigration program where they have to choose leaving, becoming a citizen, or becoming a permanent alien resident. Then they would have more of a chance to contribute and a chance of receiving a fair wage.
Actually, the first 5 digits are not determined based on time and place of birth, but rather based upon when and where your parents applied for your SSN.
Believe it or not, there was a time that your parents didn't apply for a SSN for you until you start looking for a job or when your oldest sibling does. I and my sisters have nearly consecutive numbers because of that.
Avast ye, landlubber!
Then ask India if they need more customer service employees at Dell's help desk!
What about a light beige roof? I would think the birds would not splatter themselves on a roof that looks like light colored dirt.
I know its not as aesthetically pleasing as a bright white roof, but it certainly would beat a dark colored roof in reflecting sunlight and on the AC requirements.
I wonder if they tasted like chicken.
You do know that eventually those images will end up on the internet, just like everything else. That is something even the Obama administration will not be able to stop unless the scanners are removed.
In America, the police are judge, jury, and prosecutor until you end up in court months later, and then it is a crap shoot whether you will get a fair trial.
Elsewhere, the situation is nearly as biased or even more biased towards law enforcement.
I think a Sociology Masters or Ph.D. student could write a very good thesis on this subject.
I know my situation in Atlanta is that if you work in downtown, the "extra" time (the time you could be dosing or getting work done or relaxing) taking mass transit is well worth avoiding the aggravation trying to drive through downtown or midtown and paying through the nose for parking. Plus to can get a local govt. rebate for taking mass transit.
On the other hand, if your job is not intown Atlanta, or you live beyond the mass transit systems, you don't have a real choice but to drive and face the daily traffic nightmare.
The problem with cars are that, in over 95% of America, it is the only viable option for transporation. But I think it would be stupid to the extreme not to consider mass transit or carpooling for the daily commute to see if it is possible or feasible.
If the debate is "should he do what the boss ask" then you are completely correct.
If the debate is whether "homemade" cables are better than "professionally" made cable (i.e. bought cables) then the argument is somewhat valid.
We buy patch cables out of convenience but we can make our own custom cables (the odd 145' cable) when warranted.
And yes, I would think about looking for a different job if I were this tech. What business is it of the boss to specify what cable to use where? The tech's job should've been to just get a quality job done ASAP. I would wonder why I was hired if the boss insists on doing my "thinking and doing" for me.
Can you blame them for being afraid of deflation? The last time we had deflation with scare resources was the 1930's, a decade that no one wants to reproduce!
Also remember that unemployment went from about 10% to 23% (+/- a few percent, depending on your sources) in 1932 when Hoover follow the Mellon doctrine of laissez-faire capitalism. The result was deflation and massive unemployment.
And if you think massive unemployment, even for the short term, is "a necessary evil", need I remind you that revolts and wars have been started for less than that. Unemployment is a potent politically destabilizing force which can threaten both the established American plutocracy and normal law and order.
You had Mac and Cheese to eat? We had IBM 3277s, the Letter I, and the Letter O to eat, nothing else.
In America, we have the RIAA making up "evidence of copyright infringement" all of the time. Hire them to flood the French ministries with multiple "copyright infringement" reports for each man, woman, and child in France.
That'll learn them!
Correct!
The language of the day will change in 5 years but the principals will stay for decades.
In fact, I'm in my 40's and I am still using what I learned in CS in the 1980's, mainly the principles of procedural coding and networking are the same then as now. Back then it was FORTRAN and SNA. Now it's C type languages (Java, Perl, PHP) and TCP/IP.
Also, in a good CS program, you learn about the dynamics of programming groups and the IT culture. Cultures like that change slowly enough for a smart cookie to adapt.
To add, I suggest you look into co-operative (work/study) education if you have no experience in IT at all. That way, after the recession, finding a job in IT will be possible in spite of your age.
Then after that, start the certification chase.
This is not a "truth" test, but an intelligence test. If you are intelligent enough to come up with the "model-but-not-too-good-to-be-true employee" answers consistently, you pass the test.
Well, Fox News said the sky was puke green and so did my pastor so it must be true.
In a perfect world, experience would be the only thing that counts, but in thew real world networking and certifications get you the job and the studying for the certifications and real experience allows you to do and keep your job.
Thanks for reminding me about the good things in Lotus Notes. Replication and rapid prototyping was beyond compare in Groupware.
I missed Lotus Notes R4. It fixed many of the travesties of R3. But R4.5 introduced the Lotus Domino engine, a real beast! I don't want to ever have to build two different code segments to simply to display a functional form on a browser.
It was the perfect repository for paperwork routing. You can have forms routed around in Email and have it stored on a central database without complex code. Lotus Notes did it all for you, you just tell it where to go.
Der Hooman:
All your Bloated Goat base are belong to us. You can't has Cheezberger.
Mr. LOLCat
IBM Director
You mean Lotus Toads or Lettuce Nodes?
Expose young'uns to this now most monstrous system ever to bloat up like a dead cow in the Texas heat? Are you bucking for "the most evil" in the IT world or what?
The OpenNTF project has got to be a better answer.