rprasad

45 ms·

301.
by rprasad 14y ago
No, capital gain income is still considered income for income tax purposes. Only certain types of capital gain are eligible for the special capital gains rates, and only long-term capital gain is eligible for the lowest rates (i.e., 15%).
302.
by rprasad 14y ago
It's a shame the patent office cannot/will not crowdsource patent research before approval. The PTO approached SE and asked them to do this as part of their efforts to reform the patent system without waiting for Congress to get around to
303.
by rprasad 14y ago
Most of the problems in government stem from the horribly written legislation. Bureaucrats are tasked with bringing sanity and order to the chaos that lawmakers provide them. You never hear about the vast majority of bureaucrats, because
304.
by rprasad 14y ago
Income tax = tax on income, from whatever source (i.e., work, investments, gambling/lottery, prizes, illegal sources, etc.) Payroll tax = tax on wages earned (i.e., taxes paid by an employer to an employee) which go toward Medicare, SS, etc
305.
by rprasad 14y ago
No. Knowing receipt of stolen property is a crime. However, bitcoins are not considered property, nor can they be considered stolen, under current U.S. law.
306.
by rprasad 14y ago
There is no SOL in most nations, as virtual goods are generally not considered property. Bitcoin is regarded as a virtual good in the U.S., so it is not possible to "steal" a bitcoin. (Note: this is a distinct concept from intellectual pr
307.
by rprasad 14y ago
And those lawyers get disbarred when they get caught, and are forced to compensate their victims, and can't use bankruptcy or other means to evade paying such reimbursements. Individual lawyers may not be ethical, the profession as a whole
308.
by rprasad 14y ago
If it's just you, then you can even postpone incorporation. Or you could just form an S-Corporation, which is intended precisely for small companies, convert to a (classic) C-Corporation if and when necessary. As for tax - that's a nice
309.
by rprasad 14y ago
UPDATE -- Revisited the site and it no longer crashes Firefox or IE9 on Windows. Unflagged. Now that I can see the examples, they are actually pretty decent.
310.
by rprasad 14y ago
This site contains a stack overflow bug which crashes Firefox and IE9 on Windows. Flagged.
311.
by rprasad 14y ago
I call bull. By law, public agencies are required to take the lowest bid. They cannot waive these requirements, and any contracts subject to the bidding process must be approved in a public forum (i.e., council meeting, etc.) in order to b
312.
by rprasad 14y ago
TLDR: Wealthy individual from wealthy family who already owns a home, a car, a motorcycle a sizable retirement account (for his age), who made almost $100k/year (at the start of his experiment) and has $1300 in disposal income each month
313.
by rprasad 14y ago
No, mobile mechanics exist in the U.S. However, the service providers are either (1) very expensive, top-of-the-line, and operate on the concierge model, or (2) not worth the gas they spent getting to you or whose skillsets are limited to v
314.
by rprasad 14y ago
YourMechanic hasn't magically replaced the trust system. It's simply another competitor offering its services...if you trust them. It only takes one bad mechanic to poison the well with customers. YourMechanic hasn't reduced the time it t
315.
by rprasad 14y ago
No. Repair estimates are already freely available. Just google the parts you need to replace. The price you see (plus taxes) should be what you pay to your mechanic. Unless you're getting major work done (i.e., dent removal), a reputable
316.
by rprasad 14y ago
Master mechanic = rockstar programmer. Backgyard mechanic = some guy who just modified the default theme on a WP blog and now thinks he's a programmer. The difference in skill level between a master mechanic and pretty much everyone else is
317.
by rprasad 14y ago
I think the most important part is "oil and chemical disposal isn't accounted for", as disposing of oil and chemicals would be the homeowner's responsibility and would subject them to some very steep fines in many jurisdictions. (The mech
318.
by rprasad 14y ago
At one time, I may have agreed with the spurious claims in this article. Then I worked for the public defender, and some of my clients were pedophiles. Now I firmly believe that child porn laws are about where they should be, and possibly
319.
by rprasad 14y ago
Apple is a special case. They spend more on advertising than the GDP of most countries. The media won't--can't--call Apple on its deceptive advertising because Apple, even post-Jobs, is notoriously vindicative with these sorts of matters
320.
by rprasad 14y ago
That was not a rant. That was a cogent example of the usefulness of a non-tech founder. It also sounds like you don't need a tech founder, now or in the future. You've proven adept at navigating the CTO-type skills already; you can skip a
321.
by rprasad 14y ago
There is a difference between an actual murder and a depiction of a murder. In the former, someone actually dies . In the latter, an actor falls over. The actual crime is very much an element to the illegality of a snuff film. Snuff film
322.
by rprasad 14y ago
No, it does not. You have to intend to film child pornography to satisfy the mens rea element. Filming something accidentally, by definition, will not satisfy mens rea.
323.
by rprasad 14y ago
Watson is a research product that aims to create artificial intelligence from the ground up, i.e., true artificial intelligence. Google is merely processing massive data sets using manually crafted algorithims. This is a complete different
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by rprasad 14y ago
It helps to look at it this way: is the actual business activity of getting goods from point A to point B related to the state for any economic or business purpose other than incidentally transiting through the state? (For example, are g
325.
by rprasad 14y ago
1) All tax returns are live until the statute of limitations for assessments expires, i.e., usually 6 years. Tax software propogates changes from prior years to the current years. Prior years within the SOL are kept "live" b/c amendments
326.
by rprasad 14y ago
This is the first I've heard about a delay, seeing as how this product hasn't even been announced yet. Premature much?
327.
by rprasad 14y ago
Who would have thought that a merchant should have to cover the risk entailed by its choice of business model?
328.
by rprasad 14y ago
True, but publishers still need to recuperate the fixed costs of the ebook. Marginal cost theory holds that the price of goods will trend toward their marginal costs over time. It does not hold that the price of goods will start at the
329.
by rprasad 14y ago
This, more than anything else in the history of startups, indicates that we are in a bubble. The heat and moisture in a sauna would play havok on computers and laptops. Joking aside, they could probably choose a better name for their incuba
330.
by rprasad 14y ago
Logically, you are correct, and if that's what you originally meant than I misunderstood you. Legally, that's not how the law works. And in all fairness, when dealing with the law, what is "legal" trumps what is "logical."

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