Gay Chinese see hope in visit by Icelandic PM and wife |
- Gay Chinese see hope in visit by Icelandic PM and wife
- Putin foe Navalny goes on trial in Russia
- Gay Chinese see hope in visit by Icelandic PM and wife
- Bruce Wayne Stars in 'Man of Steel' Trailer
- Russian opposition activist goes on trial
- Putin foe Navalny goes on trial in Russia
- Earthquake shakes Papua New Guinea
- Capriles distances himself from violent protests in Venezuela
- WARNING: Kickstarter's Policies Cause IRS Tax Audits
- Capriles distances himself from violent protests in Venezuela
- Myanmar's Suu Kyi says no easy answer to sectarian violence
- Britain's Iron Lady to be buried with full pomp
- Myanmar's Suu Kyi says no easy answer to sectarian violence
- Hocus-Pocus 101: Course Casts Its Spell Over Elite Students
- Dan Stevens Ditches Downton Abbey For Brooklyn Crime Thriller
- U.S. Fears Syria Rebel Victory, for Now
- Italy to Elect President
- China's bird flu death toll rises to 16, government warns of spread
- At least nine killed in blast at Pakistan election rally
- Good Employees Make Mistakes. Great Leaders Allow Them To.
| Gay Chinese see hope in visit by Icelandic PM and wife Posted: 16 Apr 2013 10:48 PM PDT BEIJING (Reuters) - This week's visit to China by Iceland's prime minister and her same-sex spouse has given rise to tentative hopes among gay Chinese that widespread news coverage could be a first step towards more openness about homosexuality at home.      |
| Putin foe Navalny goes on trial in Russia Posted: 16 Apr 2013 10:32 PM PDT
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| Gay Chinese see hope in visit by Icelandic PM and wife Posted: 16 Apr 2013 10:47 PM PDT
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| Bruce Wayne Stars in 'Man of Steel' Trailer Posted: 16 Apr 2013 10:46 PM PDT Clark Kent is an affable Smallville resident who's hiding the fact that he's Superman, the most powerful person on the planet. Bruce Wayne is a great yet gloomy Gotham detective who fights crime under the name Batman. Guess which one of them stars in the first Man of Steel trailer? |
| Russian opposition activist goes on trial Posted: 16 Apr 2013 10:53 PM PDT Alexei Navalny, leading anti-corruption figure and critic of government, on trial for embezzlement. |
| Putin foe Navalny goes on trial in Russia Posted: 16 Apr 2013 10:32 PM PDT KIROV, Russia (Reuters) - Russian protest leader Alexei Navalny, looking calm and relaxed, went on trial on Wednesday on theft charges which he says are politically motivated and part of a clampdown on dissent by Vladimir Putin.       |
| Earthquake shakes Papua New Guinea Posted: 16 Apr 2013 10:29 PM PDT Magnitude 6.6 quake hits Pacific nation's north coast but no reports of serious damage and injury. |
| Capriles distances himself from violent protests in Venezuela Posted: 16 Apr 2013 10:03 PM PDT
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| WARNING: Kickstarter's Policies Cause IRS Tax Audits Posted: 16 Apr 2013 09:52 PM PDT On April 1st, 2013, Kickstarter released a "tax guide" for project creators that will lead thousands of creatives to fall under IRS tax audits as well as their contributors. The tax guide started with the best intentions, but the execution is beyond wrong. This is a WARNING to all Kickstarter creators and contributors to be very wary of taking any advice they provided. Dissecting Kickstarter's Tax Guide Everything is Income It's unfortunate the Kickstarter's tax guide didn't end their tax advice at the first sentence. "In general, funds raised on Kickstarter are considered income." This is the beginning and end of the tax guide. After this sentence is where the "stuff hits the fan." Kickstarter Campaigns Are NOT Businesses In general, a creator can offset the income from their Kickstarter project with deductible expenses that are related to the project and accounted for in the same tax year. For example, if a creator receives $1,000 in funding and spends $1,000 on their project in the same tax year, then their expenses could fully offset their Kickstarter funding for federal income tax purposes. This is not true. This statement assumes that you're a business under tax law. A business under the IRS' definition has specific requirements. The easiest test to meet the business requirements is to generate a profit for 3 years out of 5 years. It's very common for the IRS to go back and audit taxpayers that misclassified their activities. Accrual Method If a creator receives funding in one year and spends money on their project in a later year, consider whether their expenses can still offset their Kickstarter funding using the accrual method of accounting. Kickstarter confuses General Accepted Accounting Principles ("GAAP") with tax law. GAAP and tax law are two entirely different accounting systems. It's like running Window's on a Mac. It might work, but it's not pretty and everything breaks pretty fast. Note, there's a reason why tax forms have sections called "book-to-tax differences" and check boxes that ask whether you're applying tax basis or GAAP. Tax law requires that you pay taxes currently on advance payments and prepayments. Tax law's goal is make sure that everyone pays their taxes, when income or cash is received. The IRS does not trust us to save enough money to pay our fair share of taxes months in the future. We can't blame the IRS' distrust considering the United States' average savings account balance is $3,800 dollars based on the US Census Bureau. |
| Capriles distances himself from violent protests in Venezuela Posted: 16 Apr 2013 10:03 PM PDT CARACAS (Reuters) - Venezuelan opposition leader Henrique Capriles distanced himself from post-election street violence after seven fatalities threatened to turn the South American OPEC nation's vote dispute into a full-blown crisis.     |
| Myanmar's Suu Kyi says no easy answer to sectarian violence Posted: 16 Apr 2013 10:21 PM PDT
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| Britain's Iron Lady to be buried with full pomp Posted: 16 Apr 2013 09:16 PM PDT
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| Myanmar's Suu Kyi says no easy answer to sectarian violence Posted: 16 Apr 2013 10:21 PM PDT TOKYO (Reuters) - Myanmar's charismatic opposition leader Aung San Suu Kyi made rare comments on Wednesday on sectarian violence in her nation, but said she was "not a magician" and will not be able to solve long-running ethnic disputes.     |
| Hocus-Pocus 101: Course Casts Its Spell Over Elite Students Posted: 16 Apr 2013 10:10 PM PDT Youngsters enter the Academy of Magical Arts, and presto change-o, come out wizzes. |
| Dan Stevens Ditches Downton Abbey For Brooklyn Crime Thriller Posted: 16 Apr 2013 09:33 PM PDT Dan Stevens, the late, lamented heartthrob of the wildly popular PBS series, Downton Abbey, is slumming it these days, portraying a Brooklyn drug trafficker in a new film currently being shot in Brooklyn. |
| U.S. Fears Syria Rebel Victory, for Now Posted: 16 Apr 2013 09:32 PM PDT An outright military victory by Syria's increasingly Islamist-dominated opposition could pose a greater danger to the U.S. and its allies than would the continuing battle there, the Obama administration has concluded. |
| Posted: 16 Apr 2013 09:36 PM PDT Italian politicians shift from trying to form a government to another vote—the selection of a new head of state—which in turn may determine whether the country ends up going back to the polls. |
| China's bird flu death toll rises to 16, government warns of spread Posted: 16 Apr 2013 08:51 PM PDT
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| At least nine killed in blast at Pakistan election rally Posted: 16 Apr 2013 09:16 PM PDT PESHAWAR, Pakistan (Reuters) - At least nine people were killed and more than 50 wounded on Tuesday when a suicide bomber attacked an election rally for a party opposed to Pakistan's Taliban movement, police said.     |
| Good Employees Make Mistakes. Great Leaders Allow Them To. Posted: 16 Apr 2013 09:17 PM PDT As a business leader, I found that one of the scariest things to do was to give your people the freedom to make mistakes. While mistakes allow individuals to learn and grow, they can also be very costly to any company. Scared as I was, I knew that truly great leaders found ways to allow their people to take these risks, and I genuinely wanted to be a great leader. I wanted to help my employees to grow. So I set out to discover how to accomplish this without placing my company in jeopardy. |
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