Archive for the 'Government' Category

French Bloggers beware. You may soon be breaking the law by reporting on or videotaping acts of police violence unless you are a ‘Professional Journalist’ . Does one Google Adsense click on your blog make you ‘professional’? From MacWorld The French Constitutional Council has approved a law that criminalizes the filming or broadcasting of acts [...]

Home based entrepreneurs and work at home telecommuters who want to deduct unreimbursed expenses have gotten a tax break … if they live in the United States that is. From Smart Strategies The home office deduction has been greatly expanded by the courts. No longer do you have to use your home office space exclusively [...]

When the subsidies were proposed, everyone assumed 20% of the farms affected would close. Only 2% actually closed. The rest diversified and were strengthened. Gordon Riach should know… he’s been marketing New Zealand woolen products 54 years. When Jack Schultz interviewed him, here’s what he had to say: From Boom Town USA In 1984 New [...]

Here’s a piece from Sweden (in English) about how their government talks “Entrepreneurship” but practices “Red Tape”. Here’s a quote below. I added the emphasis. Of the 25 members states of the European Union, Sweden only ranks 18th when it comes to the percentage of citizens that run businesses. Between 1995 and 2005 this figure [...]

Here’s a great article full of good tips. Just a few are… From Newsday For the growing number of retirees, consultants, laid-off professionals and those trying to make a dollar out of working from home, here are some tax tips: Deducting part of your residence. “Even a part of a room devoted exclusively to the [...]

From the San Francisco Chronicle When it comes to paying income taxes, eBay’s legions of small-time entrepreneurs are on an honor system in which they are supposed to declare their profits to the Internal Revenue Service. Many users, however, ignore the law or are unaware of their obligation. Now a growing chorus of tax experts [...]

Last year’s flood which put 20 feet of water in the basement of the IRS building has made the issue of telecommuting a top priority for the agency. Telecommuting is always talked about as a “contingency plan” for businesses and government agencies, but usually in the context of an apocalyptic contingency like a flu pandemic. [...]

From CNN Money 1. Earning Too Much! Over $100,000 in earnings increases audit risk. 2. Giving too much to charity. (We wouldn’t want someone not to depend on the government now!) 3. Not paying Alternative Minimum Tax 4. Taking too many tax credits, especially Earned Income Credit 5. Careless errors.

From Ray Hennessey and CBS First, be sure to limit home-office deductions. You can only deduct home-office expenses if your company doesn’t provide you with a work space. “We like to work from home, we like to telecommute,” says Hennessey, “but that doesn’t mean that you can deduct money that you spend to do that.” [...]

One of the barriers to working full time at home or in a small business is the cost of health insurance. One of the biggest factors in the soaring costs is the price of medication. The system for approving drugs for certain diseases is rigged to favor deep pocket, patentable players. Things you buy now [...]