I don't know what the IRS requires for amortizing equipment, but there is a form of amortization called "double declining balance" which may work better for computer equipment that loses so much of its value in the first year.
Here's how it works:
Divide 100% by the number of years you are spreading the cost over (in your case, 5 years)
so 100%/5=20%
Take that value and double it: 20%*2=40%
This is why they call it "double declining".
This is the value by which you calculate the current period amortization amount. It is useful for rapidly depreciating equipment because it allows you to "front-load" the schedule while paying out over the same time period.
I have to say that I don't regularly read the Inquirer so I don't know if this article is par for the course for them, but didn't the author say that this was his rant? I suppose to me that implies he is just complaining about his perceived injustice/inappropriate behavior on the part of hardware review sites as opposed to fulfiling any truly journalistic role he may normally have in reporting a factually-based story.
If you consider that any computer network is a form of P2P application, where the "peers" are the client computer and the server computer, than all computer networks can be considered a P2P network.
Therefore, if the Supreme Court decides that P2P networks are illegal/unconstituational, than all computer networks should immediately be dismantled and all computers should be standalone to be in complience with the law.
Bye, bye internet, extranets, and intranets. Bye, bye global economy.
Seems to me like this would imply you get something for free today so that you can get hooked on it, then they charge you for it tomorrow when you can't stop.
Sounds like a M$ strategy to me...
I think that does have the potential to simplify things for the "average" user who does not understand the complexities of today's computers.
Consider the typical minimum spec requirements of games, not everyone understands everything that is listed, or why a particular game may require a 1.5 Ghz Intel processor but only a 1.0 Ghz AMD processor. If hardware had to meet certain minimum performance requirements to be branded as performing at a certain "level" then it would be much easier for users to understand minimum spec requirements of "Level n PC required".
However, this would also mean that hardware and software developers agree on a standard, and we all know how likely that is to happen. Is anyone else thinking of DVD+R/DVD-R? Or for an older reference, VHS/Betamax?
While I certainly disagree with refering to virus authors being referred to as "hackers", to the original question of whether or not I would hire them it would depend on the hack.
Writing code that maliciously attacks computers using known and published exploits is no great feat, it simply means you have a desire to cause chaos and you can spread your code faster than it can be patched. This is not the type of person I would hire.
Infiltrating systems by methods that are NOT well known or published anywhere and contacting the company to inform them of the security hole would lead me to believe that you are dealing with an intelligent and ethical person, i.e. - the type that you would want to hire.
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I don't know what the IRS requires for amortizing equipment, but there is a form of amortization called "double declining balance" which may work better for computer equipment that loses so much of its value in the first year.
Here's how it works:
Divide 100% by the number of years you are spreading the cost over (in your case, 5 years)
so 100%/5=20%
Take that value and double it: 20%*2=40%
This is why they call it "double declining".
This is the value by which you calculate the current period amortization amount. It is useful for rapidly depreciating equipment because it allows you to "front-load" the schedule while paying out over the same time period.
Flat-line amortization (20% per annum):
Purchase price: $1000
1st year: $1000*20%=$200 cumulative=$200
2nd year: $1000*20%=$200 cumulative=$400
3nd year: $1000*20%=$200 cumulative=$600
4nd year: $1000*20%=$200 cumulative=$800
5nd year: $1000*20%=$200 cumulative=$1000
Compared to double-declining:
Purchase price: $1000
1st year: $1000*40%=$400 cumulative=$400
2nd year: ($1000-$400)*40%=$240 cumulative=$640
3rd year: ($1000-$640)*40%=$144 cumulative=$784
4th year: ($1000-$784)*40%=$86.40 cumulative=$870.40
5th year: $1000-$870.40=$129.60 cumulative=$1000
Hope this helps.
I have to say that I don't regularly read the Inquirer so I don't know if this article is par for the course for them, but didn't the author say that this was his rant?
I suppose to me that implies he is just complaining about his perceived injustice/inappropriate behavior on the part of hardware review sites as opposed to fulfiling any truly journalistic role he may normally have in reporting a factually-based story.
Maybe it's just me...
If you consider that any computer network is a form of P2P application, where the "peers" are the client computer and the server computer, than all computer networks can be considered a P2P network.
Therefore, if the Supreme Court decides that P2P networks are illegal/unconstituational, than all computer networks should immediately be dismantled and all computers should be standalone to be in complience with the law.
Bye, bye internet, extranets, and intranets. Bye, bye global economy.
At least the cylons won't get us.
Seems to me like this would imply you get something for free today so that you can get hooked on it, then they charge you for it tomorrow when you can't stop. Sounds like a M$ strategy to me...
I think that does have the potential to simplify things for the "average" user who does not understand the complexities of today's computers.
Consider the typical minimum spec requirements of games, not everyone understands everything that is listed, or why a particular game may require a 1.5 Ghz Intel processor but only a 1.0 Ghz AMD processor. If hardware had to meet certain minimum performance requirements to be branded as performing at a certain "level" then it would be much easier for users to understand minimum spec requirements of "Level n PC required".
However, this would also mean that hardware and software developers agree on a standard, and we all know how likely that is to happen. Is anyone else thinking of DVD+R/DVD-R? Or for an older reference, VHS/Betamax?
While I certainly disagree with refering to virus authors being referred to as "hackers", to the original question of whether or not I would hire them it would depend on the hack.
Writing code that maliciously attacks computers using known and published exploits is no great feat, it simply means you have a desire to cause chaos and you can spread your code faster than it can be patched. This is not the type of person I would hire.
Infiltrating systems by methods that are NOT well known or published anywhere and contacting the company to inform them of the security hole would lead me to believe that you are dealing with an intelligent and ethical person, i.e. - the type that you would want to hire.