Forming an LLC or corporation is an excellent method for creating a shield between your business activities and personal assets. But what about the assets in your business? Read on to learn one strategy to protect the key assets of your business.
Sen. Partick J. Leahy has introduced the Anti-Phishing Act of 2005 to Congress for consideration. The Act would allow federal prosecutors to seek fines of up to $250,000 and prison sentences of up to five years against individuals convicted for promoting phishing scams.
In the rush to get tax returns prepared and filed by April 15th, many overpay their taxes. Following are a few tax reduction tips that could help you save a bundle.
When starting or expanding a business, many owners wonder if they should form a business entity and, if so, which one they should use. There is a wide variety of information and \"pitches\" being made on the Internet regarding the benefits of certain entities versus others. When you cut through the flak, however, the primary reason for forming a business entity is to create protection from personal liability arising from your business activities.
One can never underestimate the enthusiasm that politicians have for trying to hunt up tax revenues. The creativity of some politicians can lead to bizarre taxes and unfortunate results.
“You must really hate this job.” That’s what my boss said when I told him I was moving from San Diego to Siberia for a year. In reality, I was bored and looking for something that would be completely and utterly new. Whether it was sunstroke or a developing tolerance to margaritas, San Diego just wasn’t cutting it anymore. Heck, I hadn’t even gone to the beach in nine months and it was only a few blocks away. Time to rediscover a zest for life.
Standing in the airport in San Diego, I began to wonder exactly how long it was going to take to get to the city of Chita in Siberia. The combination of a vodka hangover, three flights, one train ride and a jump over the international date line didn’t help. At first glance, it looked like a total of two days, which wasn’t bad for going to the other side of the earth.
In the first two parts of this series, we covered my decision to move from San Diego to Chita, Siberia to be a professor at Chita State Technical University. We pick up the story aboard the flight from Anchorage to Khabarovsk, Russia.