My major right now is account with the emphasis on the information systems. I plan to get my CPA certification so if the computer aspect doesn't work out, I have something to fall back on.
When a company does business in two different countries you often have overlapping and contradictory tax rules. Think of it as a compatibility problem. I have seen cases where tax rates go over 100%.
Not quite, since taxes paid on income earned overseas is deductible for a business and individual, but they must take the proper credits/deductions. For example, say you earned $30,000 in Somewhereakstan and the income tax rate is 10%, that means you will pay $3,000 in taxes to Somewhereakstan, leaving you with $27,000. You would then pay the taxes on that $27,000; since the US marginal tax rate is 15%, you would be paying $3604 in taxes to the US government*.
The software is no longer an amortizable asset, but instead gets counted as overhead
Both are still a fixed cost that are used to calculate your markup. Either way you will be able to deduct the cost against your taxes; now you'll avoid the up-front expense and having to do deductions over it's useful life.
You presume that most companies give a crap about the law. Instead lawyers are hired and loopholes are discovered. You just quoted "...authorized by the employee in writing...". I guarantee that this provision is included within the employee handbook and a signature from the employee to agree to such provisions is almost always a condition of employment.
Hobby Lobby requires you to sign a binding arbitration clause, for employment, before they will even accept your application.
XBL stands for eXtended Business Language and is designed for the financial accounting of a company. Corporations must transmit their data in XBL to the SEC for quick analysis. I guess it can be used on the web, but it's much more of an internal language.
Vessels that had been used for making beer are identified by beer specific chemical traces on the inside of conatiners. Soot residue is a terrible indicator; and no, you do not need to place a container on the fire to boil water. You can boil water in water-tight weaved baskets by placing rocks that have come off of the fire. They hold a lot of heat and with multiple rocks you can boil for as long as you need.
I agree, sound like the guy has ADHD and needs some meds to help him focus. I started taking Adderall a while back and not only am I able to focus on my work, I'm able to get what's in my brain written down without it being jumbled on the way out.
Yes, he did a cover. However, he did a specific arrangement of the song that the show took as their own. From the opening chorus to the way the guitar is played, it's the same arrangement of Baby Got Back. I have a feeling that the music arranger for the show might be let go for getting credit where credit wasn't due.
True that. Taxing a corporation results in those taxes (if paid) being classified as expenses. Added to costs. Added to prices. Paid by you and me.
Really? Since when? Under the current US tax law, taxes are paid on net profits (income minus expenses). An expense is the money spent on things that are necessary for the operations of a business. The more expenses you have, the lower the tax burden. More expenses than income? You pay $0 taxes and deffer the remaining expenses to future tax seasons. Fees for government inspections/registration are expenses, not taxes; they can be written off. If we want companies to grow, we need to minimize their expenses and not just by having fewer people on staff.
Dividends on stocks are paid after taxes because the payment of dividends is not essential to the running of a business. If the tax rate on businesses were to go down further, we would see an increase in dividends paid. With taxes on dividends paid at a top rate of 15% (no FICA either), that is a massive amount of taxes being avoided. The companies that are actually creating jobs are not the ones paying out dividends. The ones creating jobs are in their first five years of growth and generally paying fewer taxes. The Bush era tax cuts increased the amount of time that start-up costs for a business had to be amortirized from 5 years (for any amount) to 15 years (for any amount over $5000).
Except that public employee workers are generally paid less than their counterparts in other industries and the pension system has been paid into for every year of their work anyways. The problem stems from from three things:
1. Public employees being laid off, therefore reducing the pool paid into the pension system.
2. Retroactive changes to the pension payouts that had the optimism of a 90's internet IPO
3. "Fraud" by high level public employees, who can get away with it because of their connections in city hall and poorly written union contracts. Really no different than corporations moving money to the Cayman Island's to avoid paying taxes, it's perfectly legal but what has been the cost to this country? Or how about upper management in corporations getting paid in stock, which when sold, would be taxed as capital gains(15% in the USA)? Still perfectly legal, but now they're paying less as a percentage of their income than you are in taxes.
Surprise, you didn't RTEFA. The very last paragraph of your article says:
"Both lobbyists must make payments to the pension plan to purchase credit for their past union years, and they are required to pay compounded interest. Over the last five years, after the lobbyists joined the plan, the two men and their union have made standard payments into the fund."
Basically they have to pay for every year they're claiming plus the interest that it would have netted.
Slashdot Mirror
My major right now is account with the emphasis on the information systems. I plan to get my CPA certification so if the computer aspect doesn't work out, I have something to fall back on.
When a company does business in two different countries you often have overlapping and contradictory tax rules. Think of it as a compatibility problem. I have seen cases where tax rates go over 100%.
Not quite, since taxes paid on income earned overseas is deductible for a business and individual, but they must take the proper credits/deductions. For example, say you earned $30,000 in Somewhereakstan and the income tax rate is 10%, that means you will pay $3,000 in taxes to Somewhereakstan, leaving you with $27,000. You would then pay the taxes on that $27,000; since the US marginal tax rate is 15%, you would be paying $3604 in taxes to the US government*.
*your rates may vary
In a weird twist of fate, this particular comment is being cited on ArsTechnica.com.
The software is no longer an amortizable asset, but instead gets counted as overhead
Both are still a fixed cost that are used to calculate your markup. Either way you will be able to deduct the cost against your taxes; now you'll avoid the up-front expense and having to do deductions over it's useful life.
Looks like the Iomega brand has experienced the click of death.
You presume that most companies give a crap about the law. Instead lawyers are hired and loopholes are discovered. You just quoted "...authorized by the employee in writing...". I guarantee that this provision is included within the employee handbook and a signature from the employee to agree to such provisions is almost always a condition of employment.
Hobby Lobby requires you to sign a binding arbitration clause, for employment, before they will even accept your application.
XBL stands for XML Binding Language http://en.wikipedia.org/wiki/XBL XBRL stands for Extensible Business Reporting Language http://en.wikipedia.org/wiki/XBRL http://www.xbrl.org/
Ffffffuuuuuuuu....
XBL stands for eXtended Business Language and is designed for the financial accounting of a company. Corporations must transmit their data in XBL to the SEC for quick analysis. I guess it can be used on the web, but it's much more of an internal language.
i don't need the phone to ... keep my crotch cool in summer.
Speak for yourself
So it is not always the lawyers who win. Sometimes it is the hit-men.
What is the difference?
Seriously, fuck Disney! I remember the LucasArts games back in their heyday
The article at Wired.com sums it up best: "The LucasArts that died today is not the one you loved, and it was never going to be again."
You've obviously never tried to trace a fraudulent transaction though multiple jurisdictions :(
It's simple really, just write a program in VB so you can backtrace it.
For an ionic liquid there should be no charge.
Vessels that had been used for making beer are identified by beer specific chemical traces on the inside of conatiners. Soot residue is a terrible indicator; and no, you do not need to place a container on the fire to boil water. You can boil water in water-tight weaved baskets by placing rocks that have come off of the fire. They hold a lot of heat and with multiple rocks you can boil for as long as you need.
I agree, sound like the guy has ADHD and needs some meds to help him focus. I started taking Adderall a while back and not only am I able to focus on my work, I'm able to get what's in my brain written down without it being jumbled on the way out.
Sorry to reply to my reply, but an analogy to this would be if there could be trademarks on covers of songs, Glee would have stolen his trademark.
Yes, he did a cover. However, he did a specific arrangement of the song that the show took as their own. From the opening chorus to the way the guitar is played, it's the same arrangement of Baby Got Back. I have a feeling that the music arranger for the show might be let go for getting credit where credit wasn't due.
True that. Taxing a corporation results in those taxes (if paid) being classified as expenses. Added to costs. Added to prices. Paid by you and me.
Really? Since when? Under the current US tax law, taxes are paid on net profits (income minus expenses). An expense is the money spent on things that are necessary for the operations of a business. The more expenses you have, the lower the tax burden. More expenses than income? You pay $0 taxes and deffer the remaining expenses to future tax seasons. Fees for government inspections/registration are expenses, not taxes; they can be written off. If we want companies to grow, we need to minimize their expenses and not just by having fewer people on staff.
Dividends on stocks are paid after taxes because the payment of dividends is not essential to the running of a business. If the tax rate on businesses were to go down further, we would see an increase in dividends paid. With taxes on dividends paid at a top rate of 15% (no FICA either), that is a massive amount of taxes being avoided. The companies that are actually creating jobs are not the ones paying out dividends. The ones creating jobs are in their first five years of growth and generally paying fewer taxes. The Bush era tax cuts increased the amount of time that start-up costs for a business had to be amortirized from 5 years (for any amount) to 15 years (for any amount over $5000).
Beef heart is all muscle and no fat. Incredible when smoked for a few hours.
Don't forget to include on the site animated GIFs, a visitor counter, and moving text.
Except that public employee workers are generally paid less than their counterparts in other industries and the pension system has been paid into for every year of their work anyways. The problem stems from from three things:
1. Public employees being laid off, therefore reducing the pool paid into the pension system.
2. Retroactive changes to the pension payouts that had the optimism of a 90's internet IPO
3. "Fraud" by high level public employees, who can get away with it because of their connections in city hall and poorly written union contracts. Really no different than corporations moving money to the Cayman Island's to avoid paying taxes, it's perfectly legal but what has been the cost to this country? Or how about upper management in corporations getting paid in stock, which when sold, would be taxed as capital gains(15% in the USA)? Still perfectly legal, but now they're paying less as a percentage of their income than you are in taxes.
Fox News would rather you forget that half-truths are still whole lies
Religion is a business of its own
"Both lobbyists must make payments to the pension plan to purchase credit for their past union years, and they are required to pay compounded interest. Over the last five years, after the lobbyists joined the plan, the two men and their union have made standard payments into the fund."
Basically they have to pay for every year they're claiming plus the interest that it would have netted.
and you are correct...