5,848 karma · joined March 27, 2007
So using your equation, Acme EU would get taxed on $0 × $50MM / $50MM.
Of course, we want to have a way to say, "But wait, both Acmes are actually the same company!" I think that's the hard problem to solve.
> Why can a man never starve in the Great Desert? Because he can eat the sand which is there. But what brought the sandwiches there? Why, Noah sent Ham, and his descendants mustered and bred.
This is even true in math. Based on the set of axioms you allow, you can prove certain facts. A math with different axioms may have completely different theorems, and some observable real world behavior can be better modeled under one set of axioms than another.
Language could be described as a math for personal expression and everyday life, and each language has its own axioms and theorems.
Additionally they only argue that @realDonaldTrump is a government account because the government itself has stated that the posts from that account represent official statements by the President. More generally, they mention cases where the FOIA applies to emails sent through a private account when the communications are discussing government matters.
That's fair, but by-far the hardest thing about filing taxes for us has been prorating our income based on how long we lived in each part-year municipality. Adding to that, some cities/states give you a credit on the taxes, some deduct from the income, and yet others multiply by the number of business days you were a resident. If it was just a matter of filing a 1040, itemizing deductions, and transferring that same info to state/city taxes, it would probably take me 3-4 hours.
I agree that your situation sounds difficult, but I doubt that TurboTax is really making that easier. You likely need to seek out a true tax preparer/accountant. My comment was specifically targeted at those who are using DIY online software... It's just honestly not that much harder to use forms. (I could have been clearer about who my comment applied to.)
The IRS has tons of great resources, and you can even call them up. Each form has a companion instruction booklet (online PDF), and sometimes those instructions refer to an IRS publication with additional clarification. If you can read a technical blog post and follow a clear procedure, you can file your own taxes.
I've been filing taxes the (new) old-fashioned way for my wife and I for the last 3 years. That includes 330+ days abroad (Federal Earned Income Exclusion), a sole proprietorship, an LLC, an ISO exercise (AMT), 3 separate states, and 5 separate cities.
Each time, it has taken me a full 12-16 hours (a solid day or two on a weekend) for federal, multiple states, and multiple cities. It's not the most fun, but by the end of it, I understand our taxes and finances a lot better. We can arrange our situation better going forward. We can keep more appropriate records to make the next year's filings easier. And most of all, I have the satisfaction of not funding an industry that lobbies against my interests.
Best Chrome 57 resource I found: https://forums.whirlpool.net.au/archive/2605051
https://wiki.mozilla.org/CA:WoSign_Issues enumerates the issues
https://security.googleblog.com/2016/10/distrusting-wosign-a...
Past discussions:
https://news.ycombinator.com/item?id=12389573
https://news.ycombinator.com/item?id=12444590
https://news.ycombinator.com/item?id=12617659
I'm not an accountant nor a tax expert. My layman's understanding of that clause is that (1) the amount paid was $375, and (2) the amount realized was $375, so the buyback nets $0.
Could the nonvested shares somehow be defined as "a capital asset in the hands of the taxpayer" with a cost basis of the FMV at exercise time, even though they're not technically property of the taxpayer yet? Perhaps it depends on the specific terms of the early exercise and the buyback?
Let's say your strike price is $0.20, and now the FMV is $0.75, and you're exercising all 10,000 of your shares, including 2,500 that haven't vested yet. When you exercise, you file an 83(b) so that you get taxed (AMT) on the full $5,500 spread in year 3, even though you don't technically own those year 4 shares yet.
Then, you leave or get fired 3 months later. Pursuant to the early exercise agreement, the company can repurchase 1,875 shares at your $0.20 strike price, giving you $375 back. Unfortunately, AFAICT, there's no way for you to reclaim the tax you paid on the $1,031.25 spread for those 1,875 shares; you just eat it.
Yeah, this stuff is complicated, and sadly it seems to fall to each startup employee to educate themselves.
If you're single and your income is over $115K, or if you're married and your total income is over $150K, there will be tax implications for exercising your options, unless you exercise them when the spread is $0.
myPromise.then(() => {
// ...
}).then(() => {
// ...
}).catch(() => {
// ..
});
and if I also prefer the Lisp-like approach and hate putting: );
on its own line, am I part of the problem? What if my whole team uses that style? For example, we would write: foo(
reallyLongArg(),
omgSoManyParameters(),
IShouldRefactorThis(),
isThereSeriouslyAnotherOne()
);
as: foo(reallyLongArg(), omgSoManyParameters(), IShouldRefactorThis(),
isThereSeriouslyAnotherOne());
(100 characters wide, double indent on the continuation line. This is pretty standard for Java formatting.)Stated differently, is this meant to be very opinionated in hopes that all JS would follow a uniform style? I think that can work for Go since it was like that from Day 1. For JS, though, it has been out for so long that many teams have developed their own preferred style. I suspect that most of them would avoid an opinionated formatter that differs in a few small ways from their in-house format, if only because it seems silly to break diffs and git blame for a sweeping formatting change.
For me, that was a far better outcome than I would have received in the US for a similar condition. Of course, stitches are pretty well understood; I can't advocate for any other medical procedures in Cambodia.
> Christianity, as many hastened to point out, is about love. Christ commands us to render unto Caesar what is Caesar's. If the Bible took any position on the issue at all, it was that divorce, beloved by Davis, was a sin, and that she was a hypocrite masquerading among the faithful.
> How many of these critiques were issued by atheists?
> This, more than anything I can recall in recent American life, is an example of the smug style.
People have different priorities. It can be really hard to care about various isms when your life has been borderline misery for a half decade or more.
Not everyone. In NC alone, there are 377,000 people who make too little to qualify for ACA subsidies yet are not covered by Medicaid. That's a lot of people, and that's just one state. There are 19 other states that also don't have expanded Medicaid.
http://www.hhs.gov/healthcare/facts-and-features/state-by-st...
Even with subsidized ACA, the Bronze plans are pretty shit. Average family deductibles in 2017 will be $12,393, with the average monthly premium for a 40-year-old costing $350. Other than 1 checkup per year and female care, these families get to pay $1,000+ per month in premiums (assuming 2 adults and 2 kids) and another $12,000+ on top of that before their plan does much of anything for them.
http://www.cnbc.com/2016/10/26/obamacare-deductibles-are-on-...
Even with a subsidy I don't think it makes sense for a lower middle class family to pay $5,000-10,000 for 3-5 checkups, and $20,000+ if they actually need to use that coverage. Yet they'll be hit with a tax penalty if they don't do that.
How is this good?
http://www.hhs.gov/healthcare/facts-and-features/state-by-st...